Why is JITF Infra Logis falling/rising?

As of 04-Sep, JITF Infra Logistics Ltd's stock price is currently at Rs 338.85, reflecting an increase of Rs 18.75 or 5.86%. The stock has shown strong performance today, outperforming its sector by 6.88% and has gained 32.6% over the last four days. It opened with a significant gain of 9.56% and reached an intraday high of Rs 355. However, despite this recent uptick, the company has a negative book value and weak long-term fundamentals, with net sales growing at only 26.77% annually and a concerning debt-to-equity ratio. The stock has underperformed significantly over the past year, with a return of -66.28%, indicating persistent challenges despite today's positive movement.
In the broader market context, JITF Infra Logistics has outperformed the Sensex over the past week, which saw a modest gain of 0.80%, while the stock surged by 25.22%. However, over the longer term, the stock's performance remains troubling, as it has underperformed the market significantly over the past year, with the benchmark BSE500 returning -4.38%. 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, which could weigh on future performance despite the recent price increase.