Why is Shristi Infra falling/rising?

As of 08-Jul, Shristi Infrastructure Development Corporation Ltd is experiencing a decline in its stock price, currently at Rs 32.02, which reflects a decrease of Rs 1.98 or 5.82%. The stock has hit a new 52-week low of Rs 29.15 today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 10.56% during this period. Despite opening with a gain of 8.79% today and reaching an intraday high of Rs 36.99, the stock has shown high volatility with a wide trading range of Rs 7.84. The company's recent performance has been poor, with a year-to-date return of -26.15% and a one-year return of -22.75%, indicating significant underperformance compared to the benchmark indices. Additionally, the company has reported negative long-term growth, a high debt-to-equity ratio, and a negative book value, which raises concerns among investors.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a one-week return of -7.99% compared to a slight increase of 0.02% in the Sensex. This underperformance is compounded by the company's weak fundamentals, including a negative EBITDA and a history of losses, which have led to a significant drop in investor participation, as evidenced by a 99.03% decrease in delivery volume compared to the five-day average. While the company has recently declared positive quarterly results, the overall sentiment remains negative due to its long-term financial health and the risks associated with its high debt levels.