Why is JITF Infra Logis falling/rising?

As of 02-Sep, JITF Infra Logistics Ltd is currently priced at 270.00, reflecting a rise of 12.5 or 4.85%. The stock has shown positive movement recently, gaining 5.65% over the last two days and outperforming its sector by 4.14%. However, the stock has underperformed significantly over the longer term, with a 1-month return of -20.32% and a year-to-date decline of -60.93%. The company faces challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Despite recent gains, the stock's poor performance over the past year, with a return of -73.00%, indicates ongoing concerns about its financial health.
In the broader market context, while the Sensex has experienced a slight decline of -0.78% over the past week, JITF Infra Logistics has also faced a significant drop in value over the past year compared to the market's overall performance. The stock's recent gains may be attributed to increased investor participation, as evidenced by a rise in delivery volume. However, the company's weak fundamentals, including flat quarterly results and a high reliance on non-operating income, suggest that the stock remains risky. The limited interest from domestic mutual funds, holding only 0.02% of the company, further reflects a lack of confidence in its valuation and business prospects.