Why is Shristi Infra falling/rising?

As of 15-Jul, Shristi Infrastructure Development Corporation Ltd is experiencing a slight increase in its stock price, currently at 32.67, with a change of 0.01 (0.03%) up. Despite this minor uptick, the stock has underperformed its sector by 0.89% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has shown a return of +2.03%, contrasting sharply with its one-month performance of -11.68% and a year-to-date decline of -24.65%. The company has recently reported positive results after four consecutive negative quarters, with net sales reaching Rs 41.35 crore and a PAT of Rs 3.76 crore, which may have contributed to the slight price increase. However, the company also faces significant challenges, including a negative book value, high debt levels, and a poor long-term growth outlook, which could weigh on investor sentiment.
In the broader market context, Shristi Infra's recent performance has been notably weaker than the benchmark, with the Sensex showing a positive return of +1.79% over the past month. The stock's long-term performance is concerning, as it has generated a return of -34.13% over the last year, significantly underperforming the BSE500 index. While there has been a rise in investor participation, as indicated by a 4.97% increase in delivery volume, the overall liquidity remains low, and the stock is considered risky due to its negative EBITDA and historical valuation concerns. This combination of factors suggests that while there may be short-term fluctuations, the long-term outlook for Shristi Infra remains challenging.