Why is Jupiter Wagons falling/rising?

As of 29-Jul, Jupiter Wagons Ltd is experiencing a rise in its stock price, currently at 350.05, reflecting an increase of 7.9 or 2.31%. Today's price summary indicates that the stock has outperformed its sector by 0.83% and has gained after five consecutive days of decline, reaching an intraday high of Rs 351.9. Despite this positive movement, the stock has shown a negative return of -9.50% over the past month and -30.12% year-to-date. The company has a low Debt to Equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 49.83% and operating profit at 79.40%. However, it also faces challenges, such as a low return on capital employed (ROCE) and a high price-to-book value ratio, which may contribute to its expensive valuation compared to peers.
In the broader market context, while Jupiter Wagons has outperformed the sector today, it has underperformed significantly over the past year, with a return of -44.01% compared to the Sensex's near flat performance of -0.02%. This stark contrast highlights the stock's struggles relative to the market, despite its recent uptick. The stock's performance over the last three years has been impressive, with a return of +495.83%, but the recent trends suggest a need for caution as it continues to trade below its moving averages. Overall, while today's price movement is positive, the longer-term outlook remains challenging given the substantial underperformance relative to the broader market.