Why is Jyoti CNC Auto. falling/rising?

As of 02-Sep, Jyoti CNC Automation Ltd is currently priced at 899.05, reflecting an increase of 2.4 (0.27%). The stock has shown a mixed performance recently, with a 1-week decline of 2.65% and a 1-month drop of 10.95%. Despite this, today's trading saw the stock reach an intraday high of Rs 925.4, indicating some positive momentum. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. The company has a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.38 times, and it has demonstrated healthy long-term growth with net sales increasing at an annual rate of 33.50%. Nevertheless, recent flat results, including a significant drop in profit before tax and net sales, have contributed to a negative sentiment around the stock.
In the broader market context, Jyoti CNC Automation Ltd has underperformed against the benchmark, with a 1-year return of -25.47% compared to the Sensex's -2.91%. This consistent underperformance over the past three years has likely influenced investor sentiment negatively. While the stock's recent price movement shows a slight uptick, the overall trend remains concerning, especially given the significant declines in sales and profit margins reported in the latest quarter. The rising investor participation, indicated by a 72.21% increase in delivery volume, may suggest some renewed interest, but the stock's long-term performance relative to the benchmark remains a critical factor for potential investors.