Why is Ashika Credit falling/rising?

As of 10-Jul, Ashika Credit Capital Ltd's stock price is currently at 388.50, reflecting an increase of 1.5, or 0.39%. The stock has been gaining for the last two days, with a total return of 0.88% during this period. Despite this recent uptick, the stock has underperformed the broader market over the past week and month, with returns of -0.61% and -2.39%, respectively. The stock has shown impressive long-term performance, boasting a 411.18% return over the past year, significantly outpacing the market's 1.46%. However, the company faces challenges, including operating losses and a negative EBITDA, which contribute to its classification as a strong sell. The recent financial results indicate a substantial decline in profitability, with a PAT of -53.87 crore, marking a drastic fall compared to previous quarters.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, as evidenced by its negative returns over the past week and month compared to the Sensex, which has shown minimal declines. While the stock has outperformed its sector today by 0.26%, the overall trend indicates a struggle against the backdrop of a recovering market. The declining investor participation, as reflected in the 17.95% drop in delivery volume, suggests that market sentiment may be cautious regarding the company's long-term viability, further complicating its recovery despite the recent price increase.