Why is JNK falling/rising?

As of 16-Sep, JNK India Ltd is currently priced at 307.30, reflecting an increase of 1.1 (0.36%). The stock has been gaining for the last three days, with a total return of 5.24% during this period. However, over the past month, the stock has declined by 1.73%, and its year-to-date performance shows a significant drop of 53.06%. Despite these challenges, the company exhibits high management efficiency with a return on capital employed (ROCE) of 27.33% and a low debt-to-equity ratio of 0.09 times. Nonetheless, the company reported a drastic fall in net sales of 48.06% and a negative profit before tax, which may overshadow the positive aspects and contribute to investor caution.
In the broader market context, JNK India Ltd's short-term return of 4.17% over the past week outperforms the Sensex, which gained 1.58% in the same period. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark significantly over the past year, with a return of -56.47% compared to the Sensex's slight decline of 0.73%. The high institutional holdings at 20.31% suggest that more informed investors are involved, but the overall negative financial results and declining sales may lead to continued volatility in the stock's performance.