Why is Comfort Comtrade falling/rising?

As of 23-Jun, Comfort Commotrade Ltd's stock price is currently at Rs. 25.29, reflecting an increase of Rs. 0.29 or 1.16%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline. However, it has reached a new 52-week low of Rs. 23 today. Despite this uptick, the stock has underperformed significantly over the past week and month, with returns of -5.46% and -7.23%, respectively. The company has a return on equity (ROE) of 8.5 and is trading at a price-to-book value of 0.5, indicating an attractive valuation compared to its peers. Nevertheless, the stock's performance is overshadowed by a substantial decline in profits, which have fallen by 74.3% over the past year, contributing to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight positive return of 0.12% over the past week, contrasting with Comfort Commotrade's negative performance. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 27.35% against the five-day average. This decline in participation, coupled with the company's operating losses and significant drops in profit before tax and profit after tax, suggests that investor sentiment may be cautious despite the recent price increase. Overall, while there is a minor upward movement in the stock price, the underlying fundamentals and market conditions indicate a challenging environment for Comfort Commotrade Ltd.