Why is Julien Agro falling/rising?

As of 18-Jul, Julien Agro Infratech Ltd's stock price is currently at 8.18, reflecting an increase of 0.07 or 0.86%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 2.12% during this period. Despite this short-term gain, the stock has underperformed significantly over the past year, with a decline of 39.85%. The company has reported positive results for the last three consecutive quarters, with net sales higher at Rs 89.98 crore and a profit after tax of Rs 0.98 crore. However, it faces challenges such as operating losses and a weak ability to service its debt, which may contribute to investor caution.
In the broader market context, the stock has outperformed its sector by 1.51% today, while the benchmark Sensex has declined by 0.90% over the past week. Despite the recent positive performance, the stock's year-to-date return remains at -37.08%, contrasting sharply with the Sensex's gain of 4.63% during the same period. Additionally, there has been a notable decrease in institutional investor participation, which may indicate a lack of confidence in the stock's long-term prospects. Overall, while there are some positive indicators in the short term, the long-term performance and fundamental weaknesses suggest a cautious outlook for Julien Agro Infratech Ltd.