Why is Jyoti Structures falling/rising?

As of 10-Jul, Jyoti Structures Ltd's stock price is currently at 20.38, reflecting an increase of 0.71 or 3.61%. The stock has shown a strong performance recently, gaining 14.56% over the last two days and outperforming its sector by 4.26%. In the past week, it has risen by 16.06%, while its one-month return stands at 5.87%. Despite these positive short-term movements, the company faces challenges, including high debt levels and weak long-term fundamental strength, which may contribute to cautious investor sentiment. Positive financial results, such as a 63.48% growth in net sales and a 54.01% increase in profit after tax over the latest six months, provide some support for the stock's recent rise, but the overall negative factors, including a low return on equity and underperformance relative to the market over the past year, temper this optimism.
In the broader market context, while Jyoti Structures has outperformed the Sensex in the short term, the benchmark index has shown a slight decline of 0.06% over the past week. The stock's performance contrasts with the Sensex's year-to-date return of 6.46%, highlighting the stock's struggles over a longer time frame, as it has generated a negative return of -18.62% year-to-date compared to the benchmark. This disparity indicates that while the stock is experiencing a short-term rally, its long-term performance remains concerning, especially given its significant underperformance relative to the broader market over the last year.