Why is Ashika Credit falling/rising?

As of 14-Aug, Ashika Credit Capital Ltd is experiencing a decline in its stock price, currently at 385.30, which reflects a decrease of 0.7 or 0.18%. The stock has underperformed its sector by 0.58% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 0.87% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a significant growth in operating profit and positive financial results reported in June, the stock's long-term fundamentals are weak, with a negative return on equity and a high price-to-book ratio, which may deter investor confidence.
In the broader market context, the stock's short-term performance has been notably poor, with a 5.22% decline over the past week, while the Sensex has remained relatively stable with only a 0.03% decrease. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 37.52% decline in delivery volume compared to the five-day average. Although the stock has shown strong returns over the past year and has outperformed the BSE500 in the long term, the lack of domestic mutual fund investment suggests a cautious outlook from institutional investors, further contributing to the stock's recent struggles.