Why is Jyoti Structures falling/rising?

As of 17-Nov, Jyoti Structures Ltd's stock price is currently at Rs 13.06, reflecting an increase of 1.4 or 12.01%. The stock has shown a strong performance today, outperforming its sector by 11.43% and achieving a consecutive gain over the last two days with a total return of 12.68%. It opened with a gain of 3.34% and reached an intraday high of Rs 13.45, indicating significant upward momentum. However, despite this short-term rise, the stock has experienced a substantial decline over the past year, with a return of -54.76%. The company's financials reveal a high debt-to-equity ratio and low profitability, which may contribute to investor caution despite recent gains.
Broader market context shows that Jyoti Structures has outperformed the Sensex in the short term, with a 1-week return of +17.76% compared to the Sensex's +1.69%. However, the stock's long-term performance remains concerning, as it has underperformed the benchmark over the past year and three years. The company's weak long-term fundamentals, including high debt levels and poor operating cash flow, may deter long-term investors, as evidenced by the lack of domestic mutual fund holdings. While the stock is currently rising, the broader context of its financial health and historical performance suggests that caution is warranted.