Why is J Kumar Infra falling/rising?

As of 18-Sep, J Kumar Infraprojects Ltd is experiencing a rise in its stock price, currently at Rs 645.00, reflecting an increase of 4.45 (0.69%). The stock has shown positive momentum, gaining for the last two days with a total return of 1.02% during this period. It outperformed its sector by 0.88% today and reached an intraday high of Rs 654.5. Despite a negative return of -3.04% over the past month and -16.34% year-to-date, the stock has demonstrated strong long-term growth potential, with an annual operating profit growth rate of 26.29%. Additionally, the company has a low debt-to-equity ratio of 0.02 times and high institutional holdings at 28.02%, which have increased by 0.57% over the previous quarter, indicating confidence from larger investors.
In the broader market context, the stock's short-term performance of +3.19% over the past week has outpaced the Sensex, which gained +1.80% in the same timeframe. However, the stock has underperformed the market over the past year, with a return of -15.02% compared to the BSE500's -1.96%. This disparity highlights the challenges the company faces despite its positive fundamentals, such as rising profits and attractive valuations relative to peers. The recent increase in investor participation and liquidity may suggest a shift in sentiment, but the stock's overall performance remains cautious due to its historical underperformance against the broader market.