Why is Nalin Lease Fin. falling/rising?

As of 18-Jul, Nalin Lease Finance Ltd is experiencing a decline in its stock price, currently at 52.50, reflecting a decrease of -0.32 (-0.61%). The stock has underperformed its sector, falling for the last two days with a total decline of -1.69%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a year-on-year return of 18.64%, the company's profits have decreased by -8.3%, suggesting underlying weaknesses. The stock is trading at a premium compared to its peers, and while it has an attractive valuation with a Price to Book Value of 1, its long-term fundamentals are weak, with a Return on Equity (ROE) of 10.96% and modest growth rates in net sales and operating profit.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has declined by -9.48% over the past month while the Sensex has increased by 0.38%. This underperformance is further highlighted by the stock's year-to-date decline of -23.58%, compared to the Sensex's gain of 4.63%. Although there has been a rise in investor participation, as indicated by a significant increase in delivery volume, the overall market sentiment remains cautious due to the stock's weak long-term growth prospects and declining profitability.