Why is Jyoti Structures falling/rising?

As of 04-Nov, Jyoti Structures Ltd is experiencing a decline in its stock price, currently at Rs 12.36, which reflects a decrease of Rs 0.57 or 4.41%. The stock has hit a new 52-week low of Rs 11.64 today and has underperformed its sector by 4.81%. Over the past week, the stock has fallen by 6.58%, and in the last month, it has seen a significant drop of 19.32%. Despite reporting positive results for the last three consecutive quarters, including a 20.20% growth in profit after tax, the company is burdened by high debt and poor long-term growth prospects, which are contributing to its recent price decline.
In the broader market context, the Sensex has only declined by 1.38% over the past week, indicating that Jyoti Structures' performance is significantly worse than the overall market. The stock's long-term performance has also been disappointing, with a staggering 65.44% drop in the last year, while the benchmark has gained 5.94% in the same period. The company's high debt-to-equity ratio and low return on equity further exacerbate investor concerns, leading to a lack of confidence reflected in the minimal holdings by domestic mutual funds. Overall, the combination of poor stock performance relative to the market and underlying financial weaknesses is driving the stock's decline.