Why is Nettlinx falling/rising?

As of 15-Jul, Nettlinx Ltd's stock price is currently at 24.75, reflecting an increase of 0.26 or 1.06%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.08%. Despite this short-term gain, the stock has underperformed significantly over longer periods, with a 1-month return of -15.04% and a year-to-date decline of -68.27%. The company's return on capital employed (ROCE) is at 7, indicating a very attractive valuation, and it is trading at a discount compared to its peers. However, the stock's profitability is concerning, as evidenced by a negative profit after tax for the last quarter and a weak long-term fundamental strength with a -6.63% compound annual growth rate in net sales over the past five years.
In the broader market context, Nettlinx's recent performance has outpaced the sector by 0.68%, but it still lags behind the benchmark Sensex, which has gained 1.79% over the past month. The stock's liquidity appears adequate, with a delivery volume increase of 7.12% compared to the 5-day average. However, the reduction in promoter stake by 3.84% may indicate a lack of confidence in the company's future prospects, further contributing to the stock's volatility. Overall, while there are some positive indicators in the short term, the long-term performance and fundamental weaknesses suggest a cautious outlook for Nettlinx Ltd.