Why is Julien Agro falling/rising?

As of 04-Jul, Julien Agro Infratech Ltd's stock price is currently at 7.64, reflecting an increase of 0.24 or 3.24%. The stock has been gaining momentum, having outperformed its sector by 2.82% today and achieving a consecutive gain over the last two days with a total return of 4.51%. However, despite this short-term positive movement, the stock has experienced a significant decline of 45.58% over the past year. The company's recent performance has been bolstered by positive results in the last three quarters, with net sales rising to Rs 89.98 crore and a profit after tax of Rs 0.98 crore. Nevertheless, the company faces challenges, including operating losses and a weak ability to service its debt, which contributes to its weak long-term fundamental strength.
In the broader market context, the stock's short-term return of 6.11% over the past week stands in stark contrast to the Sensex, which has declined by 0.74% during the same period. While the stock has shown some resilience recently, it has underperformed the benchmark over longer time frames, including a 4.26% decline over the past month compared to a 3.01% increase in the Sensex. Additionally, falling participation from institutional investors, who have reduced their stake by 1.98%, raises concerns about the stock's long-term viability, as these investors typically have better resources to analyze company fundamentals. Overall, while there are some positive indicators in the short term, the stock's long-term outlook remains precarious.