Why is Josts Engg. Co. falling/rising?

As of 17-Sep, Josts Engineering Company Ltd is experiencing a price increase, currently at 363.25, reflecting a rise of 23.25 or 6.84%. The stock has outperformed its sector today by 6.61% and has shown consecutive gains over the last two days, with an overall return of 8.11% in this period. Despite this recent uptick, the stock has seen a significant decline over the past month, down 13.17%, and a year-to-date drop of 33.35%. The company has a high management efficiency with a return on equity (ROE) of 18.43%, and it is trading at a discount compared to its peers, which may contribute positively to investor sentiment. However, the company has reported negative results in the past, including a substantial fall in net sales and profits, which could weigh on its long-term performance.
In the broader market context, Josts Engineering has underperformed compared to the benchmark Sensex, which has gained 2.60% over the last month while Josts has declined by 13.17%. Over the past year, the stock has significantly lagged, with a return of -37.49% compared to the Sensex's slight decline of -0.46%. The falling investor participation, indicated by a 73.58% drop in delivery volume, suggests a lack of confidence among investors, which may further impact the stock's performance despite its recent gains. Overall, while the stock has shown positive short-term movements, its long-term outlook remains challenged by previous negative financial results and underperformance relative to the market.