Why is Ashika Credit falling/rising?

As of 04-Sep, Ashika Credit Capital Ltd is currently priced at 380.00, reflecting a decrease of 3.0 points or 0.78%. The stock opened with a gain of 2.34% today, reaching an intraday high of Rs 391.95 before falling to a low of Rs 373, indicating a volatile trading session. Despite a recent trend of two consecutive days of gains, the stock has underperformed its sector by 1.19%. Over the past week, it has shown a positive return of 3.26%, but on a monthly basis, it has declined by 8.23%. The company reported very positive results in June, with significant growth in operating profit and net sales, yet it faces challenges with weak long-term fundamentals, including a low return on equity and a high price-to-book value ratio, which may contribute to the current price decline.
In the broader market context, while the stock has generated a return of 38.61% over the past year, the benchmark Sensex has only returned -1.98%, highlighting the stock's ability to outperform the market despite its recent struggles. However, the stock's long-term performance is concerning, with a significant annual decline in operating profit and a lack of domestic mutual fund investment, suggesting that institutional investors may be wary of its valuation. The overall market has experienced negative returns, and the stock's recent volatility, combined with its weak fundamentals, may be influencing investor sentiment and contributing to the current price drop.