Why is Jyoti Structures falling/rising?

As of 29-Jul, Jyoti Structures Ltd is currently priced at 17.29, reflecting an increase of 0.16 or 0.93%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.95%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its price momentum. The stock has underperformed in the longer term, with a year-to-date decline of 30.96% compared to a 4.09% increase in the benchmark index. Positive factors include a significant growth in profit after tax and cash reserves, but these are overshadowed by concerns regarding high debt levels and weak long-term fundamentals, which contribute to its classification as a strong sell.
In the broader market context, Jyoti Structures has underperformed relative to the Sensex, with a 1-week return of -3.57% compared to the benchmark's -1.03%. The stock's recent performance, while slightly improving in the short term, still reflects a broader trend of declining investor confidence, as evidenced by a significant drop in delivery volume. Additionally, the lack of investment from domestic mutual funds suggests a cautious outlook on the company's future prospects, further impacting its market performance. Overall, while there are some short-term gains, the long-term outlook remains challenging due to fundamental weaknesses.