Why is Jyoti falling/rising?

As of 24-Sep, Jyoti Ltd's stock price is currently at 98.00, reflecting an increase of 1.45, or 1.5%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 1.8% today. However, it has experienced a decline of 2.15% over the past week and 6.98% over the past month. Despite this, the company has reported positive results for the last three consecutive quarters, with net sales growing by 67.69% and profit after tax increasing by 69.57%. Nevertheless, the stock faces challenges due to a negative book value and high debt levels, which contribute to its classification as a risky investment.
In the broader market context, the Sensex has decreased by 1.18% over the past week, indicating that Jyoti's short-term performance is relatively better than the benchmark. However, the stock's longer-term performance shows a gain of 3.36% over the past year, outperforming the BSE500 in each of the last three annual periods. Despite these positive returns, the company's weak long-term fundamentals and high promoter share pledging may exert downward pressure on the stock, particularly in a falling market.