Why is Noida Tollbridg. falling/rising?

As of 23-Jun, Noida Toll Bridge Company Ltd is experiencing a decline in its stock price, currently at 3.76, reflecting a decrease of 0.07 or 1.83%. The stock has underperformed its sector by 0.42% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 5.29%. Over the past week, the stock has decreased by 3.59%, and it has significantly underperformed the benchmark Sensex, which has gained 0.12% in the same period. Despite declaring positive results for the last four consecutive quarters, including the highest net sales and PBDIT, the company faces challenges such as a negative book value and weak long-term fundamental strength, which contribute to its ongoing decline.
In the broader market context, the stock's performance has been notably poor compared to the benchmark indices. While the Sensex has shown a positive return of 4.81% year-to-date, Noida Toll Bridge Company Ltd has plummeted by 72.39% in the same timeframe. This stark contrast highlights the stock's significant underperformance, as it has generated a return of -69.68% over the past year, while the market has yielded a return of 2.78%. The company's weak ability to service its debt and negative operating profits further exacerbate its risk profile, making it a less attractive investment in the current market environment.