Why is Jyoti Structures falling/rising?

As of 13-Oct, Jyoti Structures Ltd is currently priced at 14.60, with no change in its stock price, reflecting a 0.00% movement. The stock has underperformed its sector by 0.6% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.86%, and it has experienced a significant drop of 49.89% over the past year. Despite declaring positive results for the last three consecutive quarters, including a 47.69% growth in net sales and a 20.20% increase in profit after tax, the company's high debt levels and weak long-term fundamental strength have raised concerns among investors. The debt-to-equity ratio stands at 27.68 times, and the return on equity is low at 1.58%, indicating potential profitability issues.
Broader market context shows that while Jyoti Structures has faced a decline, the benchmark Sensex has gained 0.66% over the past week. The stock's performance has been notably poor in the long term, with a year-to-date decline of 41.70% compared to a 5.36% increase in the benchmark. Additionally, domestic mutual funds hold no stake in the company, which may reflect a lack of confidence in its current valuation and business prospects. Overall, the combination of underperformance relative to the market, high debt, and weak profitability metrics contributes to the stock's stagnant price movement.