Why is JTL Industries falling/rising?

As of 18-Nov, JTL Industries Ltd is experiencing a price increase, currently at Rs 67.14, reflecting a rise of 3.2 or 5.0%. The stock has shown strong performance recently, gaining 13.41% over the past week and outperforming its sector by 5.83% today. It has been on a consecutive gain streak for the last five days, reaching an intraday high of Rs 69.4. However, despite this recent uptick, the stock has a negative year-to-date return of -29.84% and has underperformed significantly over the past year, with a return of -28.31%. The company has high management efficiency, indicated by a return on equity (ROE) of 17.73%, and a low debt to EBITDA ratio of 0.62 times, which suggests a strong ability to service debt. Nonetheless, the stock's performance is tempered by a decline in profits over the past year and negative results for the last five consecutive quarters.
In the broader market context, JTL Industries has outperformed the Sensex in the short term, with a 1-week return of +13.41% compared to the Sensex's +0.96%. However, the stock's long-term performance remains concerning, as it has generated negative returns over the past year and three years, underperforming the BSE500 index. Additionally, there has been a notable decrease in institutional investor participation, which could signal a lack of confidence in the stock's future growth potential. This decline in institutional stakes, combined with the company's poor long-term growth metrics and falling operating cash flow, suggests that while the stock is currently rising, there are significant underlying challenges that could affect its sustainability.