Why is Jyoti CNC Auto. falling/rising?

As of 21-Aug, Jyoti CNC Automation Ltd is experiencing a price increase, currently at Rs 958.60, reflecting a rise of 9.6 points or 1.01%. The stock has shown a positive performance today, outperforming its sector by 0.79% and achieving a consecutive gain over the last four days with a total return of 4.54% during this period. However, the stock's performance over the past month has been negative, with a decline of 10.84%, and it has underperformed the benchmark Sensex over the year with a return of -14.57%. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 0.38 times and healthy long-term growth in net sales and operating profit, recent flat results and a significant drop in net sales and profit before tax have raised concerns about its valuation and future performance.
Broader Market Context: In the short term, Jyoti CNC Automation Ltd has outperformed the Sensex, which has only risen by 1.74% over the past week. However, the stock's year-to-date performance is significantly worse than the benchmark, with a decline of 28.94% compared to the Sensex's gain of 4.94%. This consistent underperformance against the benchmark over the last three years, coupled with a very expensive valuation indicated by a high enterprise value to capital employed ratio, suggests that while the stock may be experiencing a temporary rise, the broader market context remains challenging for Jyoti CNC Automation Ltd.