Why is Zodiac-JRD MKJ falling/rising?

As of 27-Jun, Zodiac-JRD-MKJ Ltd's stock price is currently at 54.84, reflecting a decrease of 0.86, or 1.54%. Today's price summary indicates that the stock has underperformed its sector by 0.84%. While the stock is higher than its 20-day moving average, it is lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant decline of 11.35%, contrasting with a 2.00% increase in the Sensex. Despite positive results in the last three quarters, including a 238.49% growth in net sales and a higher profit after tax, the stock's long-term fundamentals are weak, with a low return on equity of 1.03% and poor debt servicing ability.
Broader market context shows that while the Sensex has increased by 3.07% over the past month and 7.58% year-to-date, Zodiac-JRD-MKJ Ltd has underperformed significantly, with a year-to-date decline of 29.30%. The stock's performance over the last year has also been disappointing, generating a return of -14.95% compared to the market's positive return of 4.10%. This underperformance, combined with its expensive valuation and weak long-term growth prospects, contributes to the stock's current downward trend.