Why is JITF Infra Logis falling/rising?

As of 09-Sep, JITF Infra Logistics Ltd is experiencing a decline in its stock price, currently at Rs 432.30, which reflects a decrease of Rs 14.95 or 3.34%. Today's price summary indicates that the stock opened with a gain of 7.32% but has since fallen after six consecutive days of gains, reaching an intraday low of Rs 424.6. The stock has shown high volatility, trading within a wide range of Rs 55.4, and has underperformed its sector by 2.93%. Over the past week, the stock has gained 60.11%, but its year-to-date performance remains poor at -37.44%. The company is facing significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the stock's performance has been hindered by a substantial decline in profits, with a year-over-year return of -54.36%.
In the broader market context, while the Sensex has shown a modest gain of 1.18% over the past week, JITF Infra's short-term performance has significantly outpaced this benchmark. However, the stock's long-term trajectory remains concerning, with a staggering decline of 54.36% over the past year compared to the market's slight negative return of -0.56%. 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. Overall, the combination of high volatility, poor financial fundamentals, and underperformance relative to both the sector and the broader market contributes to the stock's current downward movement.