Why is Noida Tollbridg. falling/rising?

As of 15-Jul, Noida Toll Bridge Company Ltd's stock price is currently at 4.27, reflecting an increase of 0.16 or 3.89%. The stock has shown a positive performance today, outperforming its sector by 3.52%. In terms of returns, the stock has gained 1.91% over the past week and 7.56% over the past month, despite a significant decline of 68.65% year-to-date. The company has reported positive results for the last four consecutive quarters, with notable metrics such as a highest debtors turnover ratio of 36.92 times and net sales reaching Rs 10.44 crore. However, the stock also faces challenges, including a negative book value and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, while the Sensex has declined by 1.36% over the past week, Noida Toll Bridge Company Ltd has managed to rise, indicating a relative strength against the benchmark. Despite this short-term outperformance, the stock has underperformed the market significantly over the past year, generating a return of -67.05% compared to the BSE500's positive return of 0.37%. This stark contrast highlights the ongoing risks associated with the company's weak ability to service its debt and negative operating profits, which may deter long-term investors even as short-term movements appear favorable.