Why is Kridhan Infra falling/rising?

As of 01-Sep, Kridhan Infra Ltd's stock price is currently at 4.25, reflecting an increase of 0.2 or 4.94%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 3.92% today. However, despite this short-term gain, the stock has a negative long-term outlook, indicated by a negative book value and weak fundamental strength. The company has experienced a return on equity of only 8.20%, suggesting low profitability. Additionally, institutional investor participation has decreased by 3.42%, which may contribute to the stock's volatility and perceived riskiness.
In the broader market context, Kridhan Infra's short-term performance over the past week shows a gain of 1.67%, contrasting with the Sensex, which has declined by 1.56%. This indicates that the stock is performing relatively well compared to the overall market. However, the year-to-date performance reveals a significant decline of 26.60% for Kridhan Infra, while the Sensex has increased by 2.85%. This disparity highlights the challenges faced by the company despite its recent price increase, as it continues to struggle with falling investor participation and a weak financial position.