Why is JNK falling/rising?

As of 11-Aug, JNK India Ltd's stock price is currently at Rs 291.95, reflecting an increase of Rs 2.45 or 0.85%. Today's price summary indicates that the stock has outperformed its sector by 1.27% and has experienced a trend reversal after four consecutive days of decline. The stock reached an intraday high of Rs 295.55, but also saw a low of Rs 281.1. Despite this positive movement today, the stock has underperformed significantly over the past week, month, and year, with returns of -12.76%, -7.35%, and -59.73%, respectively. The company has a high management efficiency with a return on capital employed (ROCE) of 27.33% and a low debt-to-equity ratio of 0.09, but it has faced challenges with a substantial decline in net sales of -48.06% and a significant drop in profit after tax (PAT) of -85.0% in the recent quarter.
In the broader market context, JNK India Ltd's performance has been notably weaker compared to the benchmark Sensex, which has shown a slight increase of 3.15% year-to-date. The stock's recent gains today may be attributed to rising investor participation, with a notable increase in delivery volume, suggesting some renewed interest despite the overall negative sentiment surrounding the company's financial results. However, the stock's long-term performance remains concerning, as it has consistently underperformed against broader indices, indicating that while there may be short-term fluctuations, the overall outlook appears challenging.