Why is Zodiac-JRD MKJ falling/rising?

As of 04-Jul, Zodiac-JRD-MKJ Ltd is experiencing a decline in its stock price, currently at 56.94, which reflects a decrease of 0.55 or 0.96%. Today's price summary indicates that the stock has underperformed its sector by 1.73% and has fallen after three consecutive days of gains. Although the stock has shown a positive return of 3.83% over the past week and a significant 31.11% over the past month, it has a year-to-date decline of 26.60%. The company has reported positive results for the last three consecutive quarters, with net sales growing by 238.49% in the latest six months, but it also faces challenges such as weak long-term fundamental strength, with an average return on equity of only 1.03% and a poor EBIT to interest ratio of -0.42.
In the broader market context, while the stock has seen positive short-term returns, it has significantly underperformed the benchmark, with the BSE500 generating returns of 2.13% over the past year compared to Zodiac-JRD-MKJ's negative return of -18.02%. This underperformance highlights the stock's struggles despite recent positive sales growth. The stock is trading at a discount compared to its peers' average historical valuations, yet its weak long-term growth prospects and high valuation metrics suggest that investor sentiment may be cautious, contributing to the recent decline in price.