Why is Nalin Lease Fin. falling/rising?

As of 04-Aug, Nalin Lease Finance Ltd's stock price is currently at 53.87, reflecting an increase of 0.39 or 0.73%. The stock has been gaining for the last four days, resulting in a total return of 5.11% during this period. However, it has underperformed its sector by 0.89%. Despite this recent upward movement, the stock has experienced a decline of 4.69% over the past month and a significant year-to-date drop of 21.59%. The stock is trading at a premium compared to its peers, with a return on equity (ROE) of 9.1, but its profits have decreased by 26.6% over the past year, indicating underlying weaknesses. Additionally, while promoters have increased their stake by 0.51%, signaling confidence in the company, the overall long-term fundamental strength remains weak.
In the broader market context, Nalin Lease Finance Ltd has outperformed the Sensex in the short term, with a 1-week return of 4.00% compared to the benchmark's 0.16%. However, the stock's long-term performance is concerning, as it has declined significantly year-to-date while the Sensex has gained 3.69%. The falling investor participation, evidenced by an 89.22% drop in delivery volume, suggests a lack of confidence among retail investors, which could further impact the stock's performance. Overall, while there are some positive indicators such as rising promoter confidence, the stock's recent gains may not be sustainable given the broader context of weak fundamentals and declining investor interest.