Why is Last Mile Enter. falling/rising?

As of 04-Jul, Last Mile Enterprises Ltd is experiencing a price increase, currently at 20.36, reflecting a rise of 0.36 or 1.8%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 1.67% today. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 41.33% and a staggering 74.28% drop over the past year. The company's recent financial performance has been positive, with net sales growing by 109.62% and a significant increase in profit after tax, but it also faces challenges such as operating losses and a weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 0.59% over the past week while the benchmark has declined by 0.74%. However, the stock's long-term performance remains concerning, as it has significantly underperformed the market over the past year, where the BSE500 has generated returns of 2.13%. The increase in institutional investor participation, which has risen by 1.15%, may provide some support for the stock, but the overall weak fundamentals and high valuation metrics suggest caution among investors.