Why is Ashika Credit falling/rising?

As of 23-Jun, Ashika Credit Capital Ltd's stock price is currently at Rs 387.00, reflecting a decrease of Rs 3.00 or 0.77%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.02% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. While it has generated a remarkable return of 405.16% over the past year, this is overshadowed by significant operating losses and a negative EBITDA, which raises concerns about the company's long-term fundamental strength. The recent financial results have shown drastic declines in profit before tax and profit after tax, contributing to the stock's downward movement.
In the broader market context, Ashika Credit's short-term performance has been notably poor, with a 1-week return of -2.52% compared to a slight gain of 0.12% in the Sensex. This underperformance is further emphasized by the stock's year-to-date decline of 53.43%, contrasting sharply with the Sensex's increase of 4.81%. Despite a rise in investor participation, the overall sentiment remains cautious due to the company's weak financial fundamentals and recent negative results, which have led to a perception of increased risk among investors.