Why is JMJ Fintech falling/rising?

As of 04-Sep, JMJ Fintech Ltd's stock price is currently at 14.68, reflecting an increase of 0.14 or 0.96%. The stock has been gaining for the last two days, with a total return of 3.38% during this period, outperforming its sector by 0.55%. However, despite this recent uptick, the stock has experienced a significant decline of 51.39% over the past year, although it has shown positive results for the last seven consecutive quarters, with net sales for the last nine months reported at Rs 14.79 crore. The company's attractive valuation, indicated by a return on equity (ROE) of 18.1 and a price-to-book value of 0.8, suggests it is trading at a discount compared to its peers. Nonetheless, the stock's long-term fundamental strength is considered weak, with an average ROE of 10.24%, which may contribute to investor caution.
In the broader market context, JMJ Fintech's short-term performance of +0.96% over the past week outpaces the Sensex's gain of +0.80%. However, the stock's year-to-date performance is concerning, with a decline of 46.01% compared to the Sensex's increase of 3.30%. This underperformance over the longer term, alongside a decrease in investor participation as indicated by a drop in delivery volume, suggests that while there may be short-term gains, the overall sentiment remains cautious due to the stock's historical volatility and weak long-term fundamentals.