Why is Noida Tollbridg. falling/rising?

As of 24-Jun, Noida Toll Bridge Company Ltd's stock price is currently at 3.69, reflecting a decrease of 0.07, or 1.86%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.05% during this period. It is trading below all moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of 5.38%, and it has significantly underperformed the market over the last year with a staggering drop of 69.65%. While the company has reported positive results in the last four quarters, including the highest net sales and PBDIT, it faces challenges such as a negative book value and weak long-term growth, which contribute to its recent price decline.
In the broader market context, the Sensex has shown a slight increase of 0.58% over the past week, contrasting sharply with Noida Toll Bridge's negative performance. This underperformance is further highlighted by the stock's year-to-date return of -72.91%, while the benchmark has gained 5.01% in the same timeframe. The significant drop in delivery volume, which has decreased by 80.85% compared to the five-day average, suggests a lack of investor confidence, further exacerbating the stock's decline. Overall, the combination of weak fundamentals, poor market sentiment, and negative returns relative to the benchmark indicates a challenging environment for Noida Toll Bridge Company Ltd.