Why is Apoorva Leasing falling/rising?

As of 07-Jul, Apoorva Leasing Finance & Investment Co Ltd's stock price is currently at 34.26, reflecting a slight increase of 0.01 (0.03%). The stock's performance today is in line with the sector, although it has shown a decline of 0.64% over the past week. While the stock has gained 2.36% over the past month, it has significantly underperformed in the long term, with a year-to-date decline of 36.75%. The stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages, indicating mixed momentum. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 20.21% against the 5-day average. The company's financial health is concerning, as it has reported operating losses and a significant decline in net sales and operating profit, leading to a weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a modest decline of only 0.20% over the past week. Despite a slight uptick today, Apoorva Leasing's long-term returns are troubling, with a 4.30% drop over the past year compared to the Sensex's gain of 4.31%. The company's poor financial metrics, including a return on equity of just 0.3 and a significant drop in profits, suggest that it is trading at a premium compared to its peers, further contributing to its underperformance. Overall, the combination of weak financial results, declining investor interest, and poor long-term growth prospects indicates that the stock is facing significant challenges in the current market environment.