Why is Jyoti CNC Auto. falling/rising?

As of 10-Jul, Jyoti CNC Automation Ltd is currently priced at 1,029.00, reflecting an increase of 10.0 (0.98%). The stock has shown a trend reversal by gaining after three consecutive days of decline and has outperformed its sector by 1.1%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.61%, while it has experienced a significant decline of 16.00% over the past month. The company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.38 times and impressive growth in net sales and operating profit, which could support its recent price increase. However, the stock has underperformed against the benchmark over the past year and three years, which raises concerns about its valuation despite the positive earnings growth.
In the broader market context, Jyoti CNC Automation Ltd's recent performance contrasts with the Sensex, which has seen a slight decline of 0.06% over the past week and a gain of 0.97% over the past month. The stock's short-term return of 0.61% indicates a positive movement relative to the benchmark, suggesting that investor sentiment may be improving. However, the stock's year-to-date performance remains concerning, with a decline of 23.72%, while the Sensex has gained 6.46% during the same period. This persistent underperformance against the broader market could continue to weigh on investor confidence, despite the recent uptick in price.