Why is J Kumar Infra falling/rising?

As of 03-Sep, J Kumar Infraprojects Ltd has seen its stock price rise to 646.95, reflecting an increase of 12.1 or 1.91%. The stock has outperformed its sector today by 1.21% and has experienced consecutive gains over the last two days, accumulating a total return of 5.19%. Despite this recent uptick, the stock has underperformed over the past month with a decline of 7.49% and a year-to-date drop of 16.09%. The company benefits from a low debt-to-equity ratio of 0.02 and a healthy long-term growth rate in operating profit of 26.29%. Additionally, with a return on equity of 13 and a price-to-book value of 1.6, the stock is considered attractively valued compared to its peers, despite a significant year-over-year return decline of 19.95%.
Broader Market Context: In the context of the broader market, the stock's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.27% over the past week. While J Kumar Infraprojects has shown resilience in the short term, its longer-term performance remains concerning, particularly given its substantial underperformance relative to the market over the past year. The stock's liquidity remains adequate, but a notable decrease in delivery volume suggests waning investor participation, which could impact future price movements.