Why is JTL Industries falling/rising?

As of 11-Jul, JTL Industries Ltd is experiencing a price increase, currently at 85.76, reflecting a change of 1.22 or 1.44% upward. The stock has shown strong performance recently, gaining 11.02% over the last six days and outperforming its sector by 2.1% today. Despite a year-to-date decline of 10.39% and a one-year drop of 23.43%, the stock has performed well in the short term, with a 10.93% increase over the past week. Positive factors contributing to this rise include high management efficiency with a return on equity (ROE) of 17.92%, a low debt to EBITDA ratio of 0.39, and increasing participation from institutional investors, who have raised their stake by 0.68% in the last quarter.
In the broader market context, while JTL Industries has outperformed the Sensex by a significant margin in the short term, the benchmark has shown a decline of 1.12% over the past week. However, the stock's long-term performance remains a concern, as it has underperformed the market over the past year, with a negative return of 23.43% compared to the Sensex's positive return of 3.26%. The company has faced challenges, including negative results for the last three consecutive quarters and a low return on capital employed (ROCE) of 10.52%, which may hinder its long-term growth prospects despite the recent uptick in price.