Why is JITF Infra Logis falling/rising?

As of 01-Sep, JITF Infra Logistics Ltd is currently priced at Rs 257.50, reflecting an increase of Rs 1.95 or 0.76%. The stock has shown a trend reversal today, gaining after four consecutive days of decline, and opened with a gap up of 3.37%. However, it remains close to its 52-week low, just 2.19% away from Rs 251.85. Over the past week, the stock has underperformed significantly, with a decline of 10.82%, and it has a year-to-date drop of 62.74%. The company is facing challenges, including a negative book value and poor long-term growth, with net sales growing at only 26.77% annually and operating profit stagnant. The stock's performance has been further hindered by a high debt-to-equity ratio and a substantial drop in profits, which fell by 2293.8% over the past year.
In the broader market context, while the Sensex has experienced a slight decline of 1.56% over the past week, JITF Infra Logistics has significantly underperformed, indicating a lack of investor confidence. The logistics sector has gained by 2.16%, contrasting sharply with the stock's performance. Despite a notable increase in delivery volume, suggesting rising investor participation, the overall sentiment remains negative due to the company's weak fundamentals and the small stake held by domestic mutual funds, which may indicate a lack of comfort with the stock's valuation. This combination of factors contributes to the stock's ongoing volatility and challenges in regaining investor trust.