Why is Orient Tradelink falling/rising?

As of 23-Jul, Orient Tradelink Ltd is currently priced at 23.93, reflecting a slight increase of 0.02 or 0.08%. The stock has shown mixed performance recently, underperforming its sector by 0.46% today. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The stock has generated a significant return of 76.22% over the past year, which is much higher than the broader market's return of 1.79%. However, the company faces challenges such as operating losses and weak long-term fundamental strength, with a recent PAT of -1.11 crore indicating a decline of 63.2%. This combination of strong short-term performance and underlying financial weaknesses contributes to the stock's current price movement.
In the broader market context, the stock's short-term return of +0.13% over the past week slightly outpaces the Sensex, which has increased by 0.11% in the same period. While the stock has performed well over the long term, its recent operating losses and high valuation metrics, such as a Price to Book Value of 4.3, suggest that investors may be cautious. The rising investor participation, indicated by a 354.54% increase in delivery volume, reflects some positive sentiment, but the overall financial health of the company raises concerns about its sustainability in the long run.