Why is Jyoti CNC Auto. falling/rising?

As of 19-Aug, Jyoti CNC Automation Ltd's stock price is currently at Rs 943.50, reflecting an increase of Rs 17.0 or 1.83%. The stock has been gaining for the last two days, with a total return of 2.89% during this period. It has outperformed its sector by 1.82% today and reached an intraday high of Rs 966.05, which is a 4.27% increase. However, the stock's performance over the past month shows a decline of 7.50%, and it has underperformed the benchmark Sensex over the last year with a return of -15.76%. Despite a strong ability to service debt and healthy long-term growth in net sales and operating profit, the stock is facing challenges due to flat quarterly results, a significant drop in net sales, and a high valuation relative to its earnings.
Broader market context indicates that while Jyoti CNC has shown a positive short-term return of 6.61% over the past week, the benchmark Sensex has only increased by 1.76% in the same timeframe. This suggests that the stock is experiencing a temporary rebound despite its longer-term underperformance against the benchmark, which has seen a positive return of 4.49% year-to-date. The falling investor participation, as indicated by a significant drop in delivery volume, may also contribute to the stock's volatility. Overall, while there are positive indicators for short-term gains, the stock's longer-term performance remains concerning, particularly in light of its recent financial results.