Why is Josts Engg. Co. falling/rising?

As of 18-Sep, Josts Engineering Company Ltd is experiencing a price increase, currently at Rs 374.70, which reflects a rise of Rs 11.45 or 3.15%. The stock has shown strong performance today, outperforming its sector by 2.75% and achieving a consecutive gain over the last three days with a total return of 11.52%. The stock reached an intraday high of Rs 396, indicating significant upward momentum, although it also faced volatility with a wide trading range of Rs 40.9. Notably, the stock's delivery volume has surged by 96.74% compared to the five-day average, suggesting rising investor participation, which is a positive indicator for its recent movement. However, the stock remains below its longer-term moving averages, which could indicate ongoing challenges despite the recent gains.
In the broader market context, Josts Engineering's one-week return of +12.45% significantly outpaces the Sensex's +1.80% return, highlighting strong short-term performance relative to the benchmark. However, over the year-to-date, the stock has declined by 31.25%, contrasting sharply with the Sensex's gain of 6.24%, indicating that while the stock is currently rising, it has faced substantial challenges over a longer period. The recent gains may reflect a recovery phase, but the overall year-long performance suggests that investors should remain cautious about the stock's long-term trajectory.