Why is Ashika Credit falling/rising?

As of 09-Jul, Ashika Credit Capital Ltd's stock price is currently at 387.00, reflecting an increase of 1.9 (0.49%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement, the stock's performance has been mixed; it has generated a remarkable return of 402.66% over the past year, significantly outperforming the market, which has returned only 3.96%. However, the company is facing serious challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative annual growth rate in operating profit of -276.86%. Additionally, the recent financial results have been troubling, with a substantial drop in profit after tax and other key metrics, contributing to a perception of risk among investors.
In the broader market context, Ashika Credit's short-term return of +0.51% over the past week is notably higher than the benchmark Sensex's return of +0.15%. However, the stock's year-to-date performance is concerning, with a decline of -53.43% compared to the Sensex's gain of +6.91%. The stock's liquidity remains adequate for trading, but there has been a significant drop in investor participation, with delivery volume falling by -37.78% against the five-day average. This decline in participation, coupled with the company's financial struggles, suggests that while the stock may be experiencing a brief uptick, underlying issues could continue to pressure its price in the future.