Why is Jyoti Structures falling/rising?

As of 12-Nov, Jyoti Structures Ltd is currently priced at 11.99, reflecting an increase of 0.68, or 6.01%. The stock has been gaining for the last two days, with an overall return of 8.12% during this period. However, it has underperformed in the longer term, with a decline of 58.93% over the past year and a 52.12% drop year-to-date. The company has reported positive results for the last three consecutive quarters, with net sales growing by 47.69% and profit after tax increasing by 20.20%. Despite these positive financial indicators, the stock is burdened by high debt levels and weak long-term fundamentals, which may contribute to investor caution.
In the broader market context, Jyoti Structures has underperformed compared to the Sensex, which has gained 1.21% over the past week while the stock itself has dropped by 2.99%. This disparity highlights the stock's struggles in the face of a generally positive market environment. Additionally, the stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests declining investor participation. The lack of domestic mutual fund investment further indicates a lack of confidence in the stock's long-term prospects, despite its recent price increase.