Why is Noida Tollbridg. falling/rising?

As of 01-Aug, Noida Toll Bridge Company Ltd is experiencing a decline in its stock price, currently at 3.69, which represents a decrease of 0.17 or 4.4%. The stock has underperformed its sector today by 3.63% and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has significantly decreased by 61.7% compared to the 5-day average, suggesting a drop in investor participation. Over the past week, the stock has declined by 4.16%, and over the past month, it has fallen by 12.97%. Despite reporting positive results in the last four quarters, including a 44.74% growth in net sales, the company faces challenges with a negative book value and weak long-term fundamental strength, which contribute to its recent price movement.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a one-year return of -69.88% against the Sensex's -1.55%. While the overall market has shown some resilience with a positive return of 3.15% year-to-date, Noida Toll Bridge Company Ltd has struggled, reflecting poor long-term growth and a weak ability to service its debt. The stock's performance is further compounded by its negative operating profits and a poor EBIT to interest ratio, making it a risky investment compared to its historical valuations.