Why is Josts Engg. Co. falling/rising?

As of 19-Aug, Josts Engineering Company Ltd is experiencing a price increase, currently at Rs 409.00, reflecting a rise of Rs 14.7 or 3.73%. Today's performance indicates that the stock outperformed its sector by 2.74%, reaching an intraday high of Rs 425.5, which is a 7.91% increase. However, despite this positive movement, the stock has shown a significant decline over the past week and month, with returns of -6.61% and -18.36%, respectively. The company has a high management efficiency with a return on equity (ROE) of 18.43% and a low debt to EBITDA ratio of 0.50 times, which suggests a strong ability to service debt. Nonetheless, the stock has faced challenges, including a fall in net sales of -18.04% and negative results declared after seven consecutive quarters of decline, which has contributed to its underperformance over the past year.
In the broader market context, Josts Engineering Company Ltd has underperformed compared to the benchmark, with a one-year return of -21.61% against the Sensex's gain of +1.52%. This stark contrast highlights the stock's struggles despite a recent uptick in price. The overall market has shown resilience, with the BSE500 generating negative returns of only -0.91% in the last year, further emphasizing the challenges faced by Josts Engineering. While the stock's recent price increase may indicate some recovery or investor interest, the underlying financial difficulties and historical performance suggest caution among investors.