Why is Noida Tollbridg. falling/rising?

As of 10-Jul, Noida Toll Bridge Company Ltd's stock price is currently at 4.30, reflecting an increase of 0.02 (0.47%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 4.82% during this period. Despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 68.43% and a one-year return of -67.86%. The company has reported positive results over the last four consecutive quarters, including a significant growth in profit after tax and net sales, which may contribute to the recent upward movement. However, the stock's negative book value and weak long-term fundamentals, including a poor EBIT to interest ratio, indicate underlying risks that could affect investor sentiment.
In the broader market context, the stock has outperformed its sector by 1.76% today, while the benchmark Sensex has shown a slight decline of 0.06% over the past week. Although the stock has experienced a short-term rise, its long-term performance remains concerning, especially given its substantial underperformance compared to the market, which has gained 6.46% year-to-date. The falling investor participation, as indicated by a significant drop in delivery volume, suggests that while there may be some short-term optimism, the overall market sentiment towards the stock remains cautious.