Why is Jyoti Structures falling/rising?

As of 17-Sep, Jyoti Structures Ltd's stock price is currently at 16.67, reflecting an increase of 0.52 or 3.22%. The stock has shown a positive trend today, outperforming its sector by 1.75% and reversing a decline after two consecutive days of falling prices. Over the past week, the stock has gained 7.76%, while it has increased by 3.35% over the last month. However, despite these short-term gains, the stock has underperformed significantly year-to-date with a decline of 33.44%. The company has reported positive results for the last three consecutive quarters, with a higher profit after tax and strong cash reserves, but it also faces challenges such as high debt levels and low profitability, which contribute to its overall weak long-term fundamental strength.
Broader market context indicates that while Jyoti Structures has shown a strong short-term performance, it still lags behind the benchmark Sensex, which has risen by 1.56% over the past week. The stock's performance is concerning given its substantial negative returns over the past year of -30.11%, compared to a slight decline of 0.46% in the Sensex. Additionally, the stock's liquidity appears adequate for trading, but the falling investor participation, as indicated by a significant drop in delivery volume, may signal caution among investors. Overall, while there are some positive indicators in the short term, the stock's long-term outlook remains uncertain due to its high debt and poor profitability metrics.