Why is Classic Leasing falling/rising?

As of 06-Oct, Classic Leasing & Finance Ltd is experiencing a decline in its stock price, currently at Rs 32.05, which reflects a decrease of -1.68 or -4.98%. The stock has been underperforming, with a consecutive fall over the last two days and a significant drop of -9.72% over the past week. Today's trading saw the stock open with a loss of -4.98%, and it has not traded above this price throughout the day. Additionally, investor participation has decreased sharply, with delivery volume falling by -89.13% compared to the five-day average. The stock's performance over the last month shows a decline of -9.92%, contrasting with its year-to-date gain of +15.45% and a one-year increase of +54.83%, indicating a recent downturn despite longer-term growth.
In the broader market context, the Sensex has shown positive movement, gaining +1.77% over the past week, which highlights the underperformance of Classic Leasing relative to the benchmark. While the stock has outperformed the Sensex year-to-date and over the past year, its recent short-term returns are significantly lagging behind the benchmark's performance. This disparity suggests that external market conditions may be favoring other investments, contributing to the stock's current decline. Overall, the combination of falling investor interest and negative short-term returns against a backdrop of a rising market has led to the stock's recent price drop.