Why is Jyoti CNC Auto. falling/rising?

As of 04-Aug, Jyoti CNC Automation Ltd is experiencing a price increase, with its current price at 1,030.00, reflecting a change of 19.9 or 1.97% upward. Today's price summary indicates that the stock has outperformed its sector by 1.09% and has gained after two consecutive days of decline, reaching an intraday high of Rs 1,033.05. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. The stock's performance over the past week shows a modest increase of 1.08%, while it has declined by 0.61% over the past month. Despite a year-to-date drop of 23.64%, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.38 times and significant growth in net sales and operating profit.
In the broader market context, Jyoti CNC Automation's short-term return of 1.08% over the past week outpaces the Sensex, which has only increased by 0.16% during the same period. This indicates that while the stock is currently rising, it has faced challenges in the longer term, as evidenced by its year-to-date decline compared to the Sensex's gain of 3.69%. The company's consistent positive results over the last five quarters and strong operating profit growth contribute to a favorable outlook, despite the recent volatility and falling investor participation.