Why is Jetking Infotrai falling/rising?

As of 16-Sep, Jetking Infotrain Ltd's stock price is currently at Rs 330.95, reflecting an increase of Rs 6.15 or 1.89%. The stock has shown a performance today that outperformed its sector by 1.57%, reaching an intraday high of Rs 337, which is a 3.76% increase, while it also touched a low of Rs 318, indicating some volatility. Despite a recent decline of 3.29% over the past week and 1.25% over the past month, the stock has delivered impressive returns year-to-date, with a remarkable 172.72% increase. However, concerns about its long-term fundamentals persist, as evidenced by a low average Return on Equity (ROE) of 2.58% and a significant drop in profit after tax in the latest quarter.
Broader market context shows that while Jetking Infotrain has outperformed the BSE500 in the long term, its short-term performance has lagged behind the benchmark, which has gained 1.58% over the past week. The stock's recent rise can be attributed to increased investor participation, with a notable 334.38% rise in delivery volume, suggesting growing interest despite underlying weaknesses such as negative operating profits and poor debt servicing ability. The market's overall positive sentiment, reflected in the Sensex's gains, contrasts with the stock's mixed performance, highlighting the challenges Jetking Infotrain faces in sustaining its growth amidst these fundamental concerns.