Why is J Kumar Infra falling/rising?

As of 12-Sep, J Kumar Infraprojects Ltd is currently priced at 627.65, reflecting an increase of 2.6 (0.42%). Despite this slight uptick, the stock has underperformed its sector by 0.33% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.85%, and it has seen a more significant drop of 5.74% over the past month. However, there has been a notable increase in investor participation, with delivery volume rising by 28.49% against the 5-day average. The company maintains a low debt-to-equity ratio of 0.02, and its operating profit has grown at an annual rate of 26.29%, indicating healthy long-term growth. Despite a return of -16.54% over the past year, the company's profits have increased by 18.9%, contributing to a favorable PEG ratio of 0.6, suggesting that the stock may be undervalued compared to its peers.
In the broader market context, the stock has significantly underperformed compared to the benchmark, with the Sensex gaining 1.48% over the past week and 2.08% over the past month, while J Kumar Infraprojects Ltd has seen declines in both periods. The stock's performance over the last year is particularly concerning, as it has dropped by 16.54%, while the broader market (BSE500) has only fallen by 3.45%. This underperformance may be attributed to flat results reported in June and a relatively high interest growth of 25.72% at Rs 128.74 crore, which may not have met investor expectations. Additionally, while institutional holdings are high at 28.02%, indicating confidence from larger investors, the overall market sentiment remains cautious due to the stock's historical performance.