Why is Jyoti Structures falling/rising?

As of 15-Sep, Jyoti Structures Ltd is experiencing a decline in its stock price, currently at 16.28, reflecting a decrease of 0.37 or 2.22%. Today's price summary indicates that the stock has underperformed its sector by 3.38% and has fallen after two consecutive days of gains. Although the stock is trading higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 2.84%, but it has significantly underperformed in the longer term, with a year-to-date decline of 34.99%. The company has reported positive results for the last three consecutive quarters, with a 20.20% growth in PAT over the latest six months and the highest cash and cash equivalents at Rs 514.14 crore. However, the high debt levels and weak long-term fundamental strength, including a debt-to-equity ratio of 27.68 times and a low return on equity of 1.58%, contribute to the stock's negative sentiment.
In the broader market context, while the Sensex has gained 1.24% over the past week, Jyoti Structures has outperformed the benchmark in the short term but continues to lag significantly over longer periods, with a 34.90% decline in the past year compared to a 4.67% increase in the benchmark. The stock's poor long-term growth prospects, indicated by an annual operating profit growth rate of only 15.27% over the last five years, coupled with a high PEG ratio of 8.2, suggests that investors may be cautious. Additionally, the lack of domestic mutual fund investment, which stands at 0%, may reflect a lack of confidence in the company's valuation or business stability, further impacting the stock's performance.