Why is Jyoti CNC Auto. falling/rising?

As of 12-Jun, Jyoti CNC Automation Ltd's stock price is currently at 1,147.85, reflecting a decrease of 27.15, or 2.31%. The stock has been on a downward trend, losing value for the last three consecutive days, resulting in a total decline of 7.39% during this period. In terms of performance against benchmarks, the stock has underperformed significantly, with a one-week return of -11.38% compared to the Sensex's modest gain of +0.31%. Additionally, the stock's year-to-date performance shows a decline of 14.91%, while the Sensex has increased by 4.55%. Despite the company's strong fundamentals, including a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, the stock's valuation remains high, contributing to its recent price decline.
Broader market conditions also reflect a challenging environment for Jyoti CNC Automation Ltd. The capital goods sector, in which the company operates, has experienced a drop of 2.44%, indicating sector-wide pressures that may be influencing investor sentiment. The stock's recent performance has been inconsistent, with a consistent underperformance against the benchmark over the last three years, further exacerbating investor concerns. While there has been a notable increase in investor participation, as evidenced by a significant rise in delivery volume, the overall market context and the stock's recent trends suggest that these factors are not sufficient to counteract the prevailing negative sentiment surrounding the stock.