Why is Zodiac-JRD MKJ falling/rising?

As of 12-Jun, Zodiac-JRD-MKJ Ltd's stock price is rising, currently at Rs 66.32, reflecting an increase of 11.05 or 19.99%. The stock has shown strong performance today, outperforming its sector by 22.37% and gaining 51.87% over the last three days. It opened with a gain of 2.01% and reached an intraday high of Rs 66.32. Despite experiencing high volatility with an intraday range of Rs 12.82, the stock has been buoyed by positive results in the last three consecutive quarters, with net sales growing significantly by 238.49%. However, the company faces challenges with weak long-term fundamental strength, indicated by a low return on equity of 1.03% and a poor EBIT to interest ratio of -0.42, which may temper investor enthusiasm.
In the broader market context, the stock's short-term return of +50.80% over the past week significantly outpaces the Sensex, which has only increased by 0.31%. While the stock has struggled year-to-date with a decline of 14.50%, its recent performance suggests a recovery trend that is not mirrored in the overall market, as the diamond and gold jewelry sector has declined by 2.38%. The rising investor participation, evidenced by a 217.69% increase in delivery volume, indicates growing interest in the stock despite its long-term weaknesses.