Why is Josts Engg. Co. falling/rising?

As of 22-Sep, Josts Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs 357.00, which reflects a decrease of Rs 2.15 or 0.6%. The stock has been losing value for the past two days, with a total drop of 4.72% during this period. Despite touching an intraday high of Rs 368 earlier in the day, the stock's performance has been characterized by a weighted average price closer to its low, indicating weaker trading activity. Over the past week, the stock has shown a positive return of 6.25%, but it has significantly underperformed over the year, with a decline of 36.48%. The company's recent financial results have been troubling, with a notable fall in net sales and a drastic drop in profit after tax, which has contributed to negative sentiment around the stock.
In the broader market context, while the Sensex has only increased by 0.46% over the past week, Josts Engineering's short-term performance has outpaced this benchmark. However, the stock's year-to-date performance is concerning, as it has fallen by 34.50% compared to the Sensex's gain of 5.15%. The company's high management efficiency and low debt levels are positive factors, but they are overshadowed by the recent negative financial results, including a significant decline in net sales and profits. This combination of factors has led to a lack of investor confidence, contributing to the stock's current downward trajectory.