Why is Nalin Lease Fin. falling/rising?

As of 01-Aug, Nalin Lease Finance Ltd's stock price is currently at 53.48, reflecting an increase of 0.49 or 0.92%. The stock has shown a positive trend recently, gaining 4.35% over the last three days and outperforming its sector by 2.4%. However, despite this short-term gain, the stock has experienced a decline of 10.69% over the past month and a significant drop of 22.15% year-to-date. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, indicating mixed momentum. Additionally, while the return on equity stands at 9.1%, the company has seen a 26.6% decrease in profits over the past year, which raises concerns about its long-term growth potential. On a positive note, promoters have increased their stake by 0.51%, signaling confidence in the company's future.
In the broader market context, Nalin Lease Finance Ltd has outperformed the Sensex by 4.64% over the past week, while the benchmark index has declined by 1.06%. This short-term outperformance contrasts with the stock's longer-term struggles, as it has underperformed the Sensex by 22.15% year-to-date compared to the index's 3.15% gain. The stock's liquidity remains adequate, but a notable drop in delivery volume suggests a decrease in investor participation, which could impact future price movements. Overall, while recent gains may reflect short-term optimism, the underlying fundamentals and broader market conditions present challenges for sustained growth.