Why is JMJ Fintech falling/rising?

As of 01-Aug, JMJ Fintech Ltd's stock price is currently at 16.30, reflecting an increase of 0.22 or 1.37%. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -8.22% and -52.48%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased sharply, falling by 59.54% against the 5-day average, suggesting a drop in investor participation. On a positive note, the company has reported strong financial results over the last six quarters, with a notable growth in profit after tax and net sales, which may have contributed to today's price increase.
In the broader market context, JMJ Fintech's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.06% over the past week and 3.70% over the past month. This underperformance relative to the benchmark highlights the stock's struggles in both the short and long term, as it has generated a return of -23.90% over the past year compared to the Sensex's slight decline. While the company boasts an attractive valuation and has shown profit growth, the weak long-term fundamental strength, indicated by a low average return on equity, and the overall negative performance trends suggest that the stock may face ongoing challenges despite today's uptick.