Why is Ashika Credit falling/rising?

As of 11-Jul, Ashika Credit Capital Ltd is experiencing a decline in its stock price, currently at 385.10, reflecting a decrease of 3.4 points or 0.88%. The stock has fallen after two consecutive days of gains, indicating a potential trend reversal. It is currently trading above its 50-day moving average but below its 5-day, 20-day, 100-day, and 200-day moving averages. The stock's performance over the past week shows a decline of 2.01%, and over the past month, it has decreased by 3.44%. Despite a remarkable return of 413.47% over the past year, the company is facing significant challenges, including operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has experienced a slight decline of 1.12% over the past week, which is less than the stock's decline. This indicates that while the stock is underperforming relative to the benchmark, it has still outperformed the market over the past year. However, the company's recent financial results have raised concerns, with a significant drop in profit after tax and operating profit, leading to a perception of increased risk among investors. The falling investor participation, as evidenced by a 25.93% decrease in delivery volume, further suggests a lack of confidence in the stock's future performance, contributing to its current downward movement.