Why is Zodiac-JRD MKJ falling/rising?

As of 11-Jun, Zodiac-JRD-MKJ Ltd's stock price is currently at Rs 55.27, reflecting an increase of Rs 8.25 or 17.55%. The stock has shown strong performance today, outperforming its sector by 16.98% and gaining 26.56% over the last two days. It opened with a gain of 5.06% and reached an intraday high of Rs 57.9. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 28.75% and a one-year return of -19.27%. The company has reported positive results for the last three consecutive quarters, with net sales growing significantly, but it faces challenges such as weak long-term fundamental strength and a poor ability to service its debt.
In the broader market context, the stock's recent short-term performance stands in stark contrast to the benchmark, as it has gained 27.26% over the past week while the Sensex has only increased by 1.87%. However, the stock has significantly lagged behind the market over the past year, where the benchmark has returned 5.60%. This disparity highlights the volatility and mixed sentiment surrounding the stock, as it has been technically classified as bearish despite its recent gains. The stock's valuation remains expensive relative to its peers, and while it has shown short-term strength, the long-term outlook appears concerning due to weak fundamentals and underperformance against the broader market.