Why is Jyoti CNC Auto. falling/rising?

As of 04-Jul, Jyoti CNC Automation Ltd is currently priced at 1,036.30, reflecting an increase of 13.5 (1.32%). The stock has shown a trend reversal by gaining after two consecutive days of decline, and today it outperformed its sector by 0.9%. However, despite this positive movement, the stock has underperformed in the short term, with a 7.84% decline over the past week and a significant 20.80% drop over the last month. The company has demonstrated strong financial health, evidenced by a low Debt to EBITDA ratio of 0.38 times and impressive growth in net sales and operating profit. Nonetheless, the stock's valuation appears expensive, and it has consistently underperformed against benchmarks over the past year, which may contribute to investor caution.
In the broader market context, while Jyoti CNC Automation Ltd has seen a decline of 22.56% over the past year, the benchmark Sensex has risen by 4.23% during the same period. This stark contrast highlights the stock's ongoing struggles relative to the market. The company's recent performance, while showing some positive signs today, is overshadowed by a significant drop in investor participation, with delivery volume falling by 88.81% against the five-day average. This decline in trading activity, coupled with a lack of consistent outperformance against the benchmark over the last three years, suggests that while there may be short-term gains, the long-term outlook remains challenging for Jyoti CNC Automation Ltd.