Why is Zodiac-JRD MKJ falling/rising?

As of 26-Jun, Zodiac-JRD-MKJ Ltd's stock price is currently at Rs 55.70, reflecting an increase of Rs 2.65 or 5.0%. Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. Despite opening down by 5%, the stock reached an intraday high of Rs 55.70, showcasing significant volatility with a wide trading range of Rs 5.3. Over the past week, the stock has underperformed with a return of -14.45%, but it has shown a positive return of 15.15% over the last month. The company has reported strong financial results in the last three quarters, with net sales growing by 238.49% and a positive profit after tax, which may have contributed to today's price increase. However, the stock's long-term fundamentals remain weak, with a low return on equity and poor debt servicing ability, which raises concerns about its sustainability.
In the broader market context, the stock has significantly underperformed the benchmark Sensex, which has gained 2.94% over the past week and 1.92% over the last month. While the stock's recent performance shows a positive short-term movement, the overall year-to-date return is concerning at -28.19%, especially when compared to the Sensex's gain of 7.19% in the same period. This underperformance highlights the challenges the company faces despite recent positive results, suggesting that while today's rise may reflect short-term investor sentiment, the long-term outlook remains uncertain against a backdrop of broader market gains.