Why is JTL Industries falling/rising?

As of 26-Jun, JTL Industries Ltd is currently priced at 74.85, reflecting an increase of 0.63 or 0.85%. The stock has shown mixed performance recently, with a 1-week decline of 1.04% while it has gained 5.69% over the past month. Today's price summary indicates that the stock has underperformed its sector by 1.03%. Despite being higher than the 20-day and 50-day moving averages, it is lower than the 5-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 172.82% against the 5-day average. The company exhibits high management efficiency with a return on equity (ROE) of 17.92% and a low debt to EBITDA ratio of 0.39, although it has faced challenges with a substantial decline in profits over the past year.
In the broader market context, JTL Industries has underperformed compared to the Sensex, which has risen by 2.94% over the past week. The stock's year-to-date performance shows a decline of 21.79%, contrasting sharply with the Sensex's gain of 7.19%. While institutional investors have increased their stake by 0.68%, indicating some confidence in the company's fundamentals, the overall sentiment remains cautious due to the company's negative results over the last three quarters and poor long-term growth prospects. The stock's historical discount compared to peers may attract some investors, but the recent performance metrics suggest a challenging environment for sustained recovery.