Why is Asit C Mehta Fin falling/rising?

As of 12-Sep, Asit C Mehta Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 140.00, which reflects a decrease of Rs 5.0 or 3.45%. Today's price summary indicates that the stock has underperformed its sector by 3.65% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 140, and while it is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, it is below the 20-day moving average. Over the past week, the stock has shown a positive return of 2.64%, but its performance over the last month has been negative at -4.57%. The company's return on capital employed (ROCE) stands at 2.1, and despite a significant rise in profits by 62.3% over the past year, the stock has generated a return of -3.95%. The company is also facing challenges with operating losses and a high debt-to-equity ratio of 4.99, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term return of 2.64% over the past week outperforms the Sensex, which has increased by 1.48% in the same period. However, the stock's longer-term performance has been concerning, with a year-to-date return of -5.08%, contrasting with the Sensex's gain of 4.82%. The consistent underperformance against the benchmark over the last three years, coupled with significant declines in net sales and profit after tax in the latest quarter, indicates ongoing struggles for the company. This combination of factors suggests that while there may be some short-term interest, the overall outlook remains negative, leading to the current decline in stock price.