Why is JMJ Fintech falling/rising?

As of 24-Jul, JMJ Fintech Ltd's stock price is currently at Rs 17.03, reflecting an increase of 0.8 or 4.93%. The stock has recently outperformed its sector by 5.67% after a trend reversal, gaining after four consecutive days of decline. However, it has also hit a new 52-week low of Rs 15.42 today. Despite this recent uptick, the stock has shown a significant decline over various periods, with a 1-week return of -13.55% and a 1-month return of -54.02%. The company has reported positive results over the last six quarters, with a notable growth in profit after tax and net sales, which may contribute to the recent price increase. However, the stock is trading below all its moving averages, indicating a bearish trend, and there is a concerning drop in investor participation, with delivery volume falling by 85.04% compared to the 5-day average.
In the broader market context, JMJ Fintech's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -13.55% against a negligible decline of -0.09% for the Sensex. This underperformance is consistent with its longer-term trends, where it has generated a return of -21.63% over the past year, significantly lagging behind the Sensex's gain of 2.54% in the same period. While the company has attractive valuations and has shown profit growth, the weak long-term fundamental strength, as indicated by an average return on equity of 8.47%, raises concerns about its sustainability in the market.