Why is Cons. Finvest falling/rising?

As of 29-Aug, Consolidated Finvest & Holdings Ltd is currently priced at 183.99, reflecting a slight increase of 0.31 (0.17%). Despite this minor uptick, the stock has been on a downward trend, having fallen every week for the last eight weeks and generating -100% returns during this period. Over the past month, the stock has also consistently declined, with a -6.62% return. While it touched an intraday high of Rs 189.99 today, it is trading below all key moving averages, indicating persistent weakness. The company has shown a significant profit increase of 65.8% over the past year, yet its stock price has dropped by -17.58%, suggesting that despite attractive valuations and a low PEG ratio of 0.1, investor sentiment remains negative, particularly given the weak long-term fundamentals and low domestic mutual fund interest.
In the broader market context, the stock has underperformed relative to the Sensex, which has seen a modest gain of +3.31% year-to-date, while Consolidated Finvest has experienced a decline of -12.56% in the same timeframe. The stock's performance is particularly concerning when compared to the benchmark, as it has lagged behind not only in the short term but also over the past year and three years. This underperformance, coupled with the stock's erratic trading patterns and low liquidity, further exacerbates investor apprehension, contributing to the ongoing decline in its price.