Why is Jyoti CNC Auto. falling/rising?

As of 15-Jul, Jyoti CNC Automation Ltd's stock price is currently at 1,027.60, reflecting an increase of 2.35, or 0.23%. The stock has been gaining for the last two days, with a total return of 1.34% during this period. Despite this recent uptick, the stock has shown a decline of 9.67% over the past month and a significant drop of 23.82% year-to-date. 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. However, it has also faced challenges, including a very expensive valuation and consistent underperformance against benchmarks over the past year.
In the broader market context, Jyoti CNC Automation Ltd's short-term performance has been relatively stable compared to the Sensex, which has declined by 1.36% over the past week. While the stock's recent gains are encouraging, its long-term performance remains concerning, as it has underperformed the benchmark significantly over the last three years. This underperformance, coupled with a negative return of -19.71% over the past year, suggests that while there may be short-term positive movements, the overall market sentiment towards the stock remains cautious.