Why is J Kumar Infra falling/rising?

As of 12-Aug, J Kumar Infraprojects Ltd is experiencing a decline in its stock price, currently at Rs 662.70, which reflects a decrease of Rs 7.8 or 1.16%. The stock has underperformed its sector by 1.03% today and has been on a downward trend for the last four days, accumulating a total decline of 6.63% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, J Kumar Infraprojects has seen a significant drop of 22.94% in stock returns, despite an 18.9% increase in profits, indicating a disconnect between stock performance and company fundamentals. The company maintains a low debt-to-equity ratio and has shown healthy long-term growth, with an operating profit growth rate of 26.29%, which suggests that the stock may be undervalued compared to its peers.
In the broader market context, the Sensex has declined by only 0.59% over the past week, indicating that J Kumar Infraprojects' short-term performance is significantly worse than the benchmark. While the stock has high institutional holdings at 28.02%, which typically indicates confidence in the company's fundamentals, the recent price movements suggest that investor sentiment may be cautious. The stock's liquidity is adequate, with a delivery volume increase of 111.03% against the 5-day average, but the overall negative returns in the short term compared to the benchmark reflect a challenging environment for the stock.