Why is Zodiac-JRD MKJ falling/rising?

As of 19-Sep, Zodiac-JRD-MKJ Ltd's stock price is currently at 47.26, reflecting an increase of 0.56 or 1.2%. The stock has outperformed its sector today by 2.58%, although it is trading higher than its 5-day and 20-day moving averages but lower than its longer-term moving averages (50-day, 100-day, and 200-day). Despite a significant drop in delivery volume by 67.72% compared to the 5-day average, the company has shown positive results over the last four quarters, with net sales growing by 38.54% and a slight increase in profit after tax. Additionally, promoter confidence appears strong, as they have increased their stake by 9.21%, indicating optimism about the company's future.
In the broader market context, the stock has shown a modest return of 2.69% over the past month, while the benchmark Sensex has returned 1.20% in the same period. However, the stock's year-to-date performance is concerning, with a decline of 39.07%, contrasting sharply with the Sensex's gain of 5.74%. The long-term fundamentals remain weak, as indicated by a low return on equity and poor debt servicing ability, which may overshadow the recent positive movements and contribute to the stock's overall underperformance compared to the broader market over longer periods.