Why is Jetking Infotrai falling/rising?

As of 17-Sep, Jetking Infotrain Ltd's stock price is currently at 312.95, reflecting a decline of 18.0 points or 5.44%. The stock opened the day with a gain of 2.7% but subsequently fell to an intraday low of Rs 311.1, indicating significant volatility. Over the past week, the stock has underperformed, showing a decrease of 6.69%, while its long-term performance remains strong with a year-to-date increase of 157.89% and a remarkable 370.60% rise over the past year. However, the company's fundamentals are concerning, as it has reported a weak return on equity of 2.58% and a significant drop in profit after tax for the recent quarter, which has contributed to negative sentiment among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.56% over the past week, Jetking Infotrain's performance has been notably poor, suggesting that broader market conditions are favoring other stocks. The company's liquidity appears adequate for trading, but a significant drop in delivery volume indicates falling investor participation, which may further pressure the stock price. Despite its historical outperformance, the current weak fundamentals and negative operating profits create a risky investment environment, leading to the stock's recent decline.