Why is JITF Infra Logis falling/rising?

As of 29-Aug, JITF Infra Logistics Ltd is experiencing a decline in its stock price, currently at Rs. 255.55, which represents a decrease of Rs. 15.05 or 5.56%. The stock has hit a new 52-week low of Rs. 251.85 today and has been on a downward trend, having fallen consecutively for the last four days, resulting in a total return of -12.78% over the past week. The company's performance has significantly underperformed its sector by -4.65%, and it is trading below all key moving averages. Additionally, the company has a negative book value and weak long-term fundamentals, with net sales growth stagnating and a high debt-to-equity ratio, which raises concerns among investors.
Broader market context indicates that while the BSE500 index has seen a negative return of -5.40% over the past year, JITF Infra Logistics has underperformed drastically with a return of -76.62%. This stark contrast highlights the company's struggles compared to the broader market. Furthermore, the limited interest from domestic mutual funds, holding only 0.02% of the company, suggests a lack of confidence in its valuation and business prospects. The combination of poor financial performance, high volatility, and negative investor sentiment has contributed to the stock's significant decline.