Why is Contil India falling/rising?

As of 25-Jul, Contil India Ltd's stock price is currently at Rs 26.00, reflecting a decrease of Rs 3.9 or 13.04%. The stock has underperformed its sector today, with a performance drop of 10.92%. It opened with a significant loss of 6.86% and reached an intraday low of Rs 26. The stock has shown a negative trend, falling after two consecutive days of gains, and is trading below all major moving averages. Over the past year, the stock has generated a return of -33.33%, substantially underperforming the broader market, which has seen a decline of only 0.19%. Despite a rise in profits by 78.7%, the stock's weak long-term fundamentals and average Return on Equity (ROE) of 12.95% contribute to its current downward movement.
In the broader market context, the stock's performance over the past week and month has also been negative, with declines of 9.88% and 5.45%, respectively, while the Sensex has only fallen by 0.36% and 1.56% in the same periods. This stark contrast highlights the stock's significant underperformance relative to the benchmark. Additionally, the finance/NBFC sector has declined by 2.12%, further impacting investor sentiment. Although there has been a notable increase in delivery volume, indicating rising investor participation, the overall market conditions and the stock's weak long-term fundamentals suggest a challenging environment for Contil India Ltd.