Why is Econo Trade Indi falling/rising?

As of 23-Jul, Econo Trade India Ltd's stock price is currently at 8.82, reflecting an increase of 0.12 or 1.38%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this recent uptick, the stock has underperformed against the benchmark over the past year, generating a return of -2.11%. Additionally, the stock's performance today has outpaced its sector by 0.84%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 95.87% compared to the five-day average. The stock's return on equity (ROE) stands at 4.9, indicating an attractive valuation with a price-to-book value of 0.4, but its profits have declined by 10.3% over the past year, which could weigh on investor sentiment.
In the broader market context, Econo Trade India Ltd's short-term performance has been less favorable compared to the benchmark, as it has recorded a -4.13% return over the past week while the Sensex has gained 0.11%. Although the stock has shown a positive return of 4.01% over the past month, it still lags behind the benchmark's 1.01% increase. The stock's long-term fundamentals are weak, with an average ROE of 3.85%, and it has consistently underperformed against the BSE500 over the last three years. This combination of factors suggests that while there may be short-term gains, the overall outlook remains cautious due to the stock's historical performance and declining profitability.