Why is JITF Infra Logis falling/rising?

As of 04-Aug, JITF Infra Logistics Ltd is experiencing a decline in its stock price, currently at Rs 336.50, which reflects a decrease of 2.35 (-0.69%). The stock has underperformed its sector by 1.73% today and has been on a downward trend for the last three days, resulting in a total loss of 6.5% during this period. Additionally, the stock is trading close to its 52-week low, just 1.86% away from Rs 330.25. Over the past month, JITF has seen a significant decline of 7.45%, and its year-to-date performance shows a staggering drop of 51.30%. The company has a negative book value and a weak long-term fundamental strength, with net sales growing at only 21.79% annually and operating profit stagnant at 0%. The stock's risk is heightened by a high debt-to-equity ratio and a substantial fall in profits, which have decreased by 1880% over the past year.
In the broader market context, JITF's performance contrasts sharply with the benchmark, as it has generated a return of -62.07% over the past year while the Sensex has only fallen by 2.89%. This significant underperformance indicates a lack of investor confidence, as evidenced by the minimal stake held by domestic mutual funds, which is only 0.02%. The stock's liquidity is relatively low, with a delivery volume that has decreased by 8.6% compared to the five-day average. Overall, the combination of poor financial results, high debt, and declining investor participation contributes to the stock's current downward trajectory.