Why is Enbee Trade falling/rising?

As of 15-Jul, Enbee Trade & Finance Ltd's stock price is currently at Rs. 0.49, reflecting a decrease of Rs. 0.02 or 3.92%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 14.04% during this period. Additionally, it has hit a new 52-week low today. The stock's performance over the past week shows a significant underperformance, with a decline of 10.91% compared to the Sensex's drop of only 1.36%. Despite reporting positive financial results, including a 132.64% growth in operating profit and a 375.00% increase in profit before tax, the stock's overall performance remains weak, with a year-to-date decline of 67.51% and a one-year decline of 56.09%. The falling investor participation, as indicated by an 18.59% drop in delivery volume, further exacerbates the stock's challenges.
In the broader market context, Enbee Trade's recent performance contrasts sharply with the Sensex, which has gained 5.67% year-to-date. The stock's significant underperformance against the benchmark, particularly over the past month where it has declined by 40.24% while the Sensex rose by 1.79%, highlights its struggles in attracting investor confidence. The company's weak long-term fundamental strength, indicated by an average return on equity of 7.73%, raises concerns among investors, despite its attractive valuation metrics. This combination of poor stock performance, declining investor interest, and weak fundamentals contributes to the ongoing downward pressure on Enbee Trade's stock price.