Why is Josts Engg. Co. falling/rising?

As of 01-Sep, Josts Engineering Company Ltd's stock price is currently at Rs 329.40, reflecting an increase of Rs 18.4 or 5.92%. Today's performance indicates a trend reversal, as the stock has gained after two consecutive days of decline. It outperformed its sector by 5.19% and reached an intraday high of Rs 334.8. However, despite this short-term gain, the stock has seen a significant decline over the past month, with a return of -29.34%. 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. Nevertheless, the stock's negative performance over the past year (-46.44%) and the recent very negative results declared in June, including a substantial fall in net sales and profits, have contributed to its overall downward trend.
In the broader market context, Josts Engineering Company Ltd has underperformed compared to the benchmark, with the Sensex showing a return of -1.56% over the past week while the stock gained 4.36%. This indicates that while the stock has seen a recent uptick, it remains significantly lower than its historical performance and the market average. The company's struggles, including seven consecutive quarters of negative results and a drastic decline in profit before tax and profit after tax, highlight ongoing challenges that may overshadow its recent price increase. Overall, while there are some positive indicators, the stock's long-term performance and recent financial results suggest a cautious outlook.