Why is Kridhan Infra falling/rising?

As of 10-Jul, Kridhan Infra Ltd's stock price is currently at 4.19, reflecting a decrease of 0.02, or 0.48%. The stock has been underperforming, with a consecutive fall over the last two days resulting in a total decline of 1.87%. In the past week, the stock has dropped by 4.77%, and it has shown a significant decline of 27.63% year-to-date. Despite a rise in investor participation, as indicated by an increase in delivery volume, the stock's performance remains concerning due to its negative book value and reported losses, which signal weak long-term fundamental strength. The company has not only underperformed in the short term but also in the long term, with a return of -5.84% over the past year, further exacerbated by its negative net worth.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, indicating that the market overall is relatively stable compared to Kridhan Infra's significant drop. While the stock's recent performance has been poor, the benchmark has managed to generate a positive return of 0.97% over the past month. This stark contrast highlights the stock's struggles, particularly as it has underperformed against the BSE500 in various time frames, including the last three years and one year. The company's weak fundamentals and the lack of positive momentum in its financials contribute to its current downward trajectory in the market.