Why is Nettlinx falling/rising?

As of 01-Jul, Nettlinx Ltd is currently priced at 26.40, reflecting a decrease of 0.06, or 0.23%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 2.22% during this period. Additionally, the stock has underperformed significantly over the past week, month, and year, with returns of -2.33%, -7.56%, and -74.63%, respectively. Despite a very attractive valuation indicated by a Return on Capital Employed (ROCE) of 7 and trading at a discount compared to peers, the company has shown weak long-term fundamental strength, including a -6.63% CAGR growth in net sales over the last five years and a significant drop in profit after tax. Furthermore, the recent decrease in promoter stake by 3.84% raises concerns about confidence in the company's future.
In the broader market context, the Sensex has performed positively, with a return of +2.00% over the past week and +2.76% over the past month, contrasting sharply with Nettlinx's negative performance. This stark difference highlights the stock's struggle to attract investor interest, as evidenced by a 33.7% drop in delivery volume compared to the five-day average. The stock's liquidity remains adequate for trading, but its consistent underperformance against the benchmark indices over various time frames indicates a lack of investor confidence, contributing to its declining price.