Why is Jyoti Structures falling/rising?

As of 26-Sep, Jyoti Structures Ltd is experiencing a decline in its stock price, currently at 15.17, which reflects a decrease of 0.47 or 3.01%. The stock has been underperforming, having lost 11.29% over the last six days and is trading below all key moving averages. Additionally, the stock has shown a significant decline of 39.42% year-to-date and 36.35% over the past year, while the company has reported positive results in the last three consecutive quarters, including a 70.38% growth in PAT and increased net sales. However, the high debt levels, with a debt-to-equity ratio of 27.68 times, and low return on equity of 1.58% indicate weak long-term fundamental strength, contributing to investor concerns.
In the broader market context, Jyoti Structures has underperformed the benchmark Sensex, which has seen a decline of only 2.66% over the past week compared to the stock's 8.89% drop. This stark contrast highlights the stock's struggles relative to the market. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects. Overall, the combination of poor short-term performance, high debt, and low profitability metrics has led to a negative sentiment surrounding Jyoti Structures, resulting in its falling stock price.