Why is CSL Finance falling/rising?

As of 28-Jul, CSL Finance Ltd is experiencing a decline in its stock price, currently at 299.95, which reflects a decrease of 14.05 or 4.47%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in an overall drop of 8.2% during this period. It has also underperformed its sector by 3.1% today. The stock touched an intraday low of Rs 297.25 and is trading below all its moving averages, indicating a bearish trend. Furthermore, the stock's performance over the past year shows a significant decline of 42.23%, while its profits have increased by 13.8%, suggesting a disconnect between stock price and earnings growth. The weak long-term fundamental strength, highlighted by a low average Return on Equity (ROE) of 12.06%, and the absence of domestic mutual fund investment may also contribute to investor concerns.
In the broader market context, CSL Finance's short-term performance has been notably worse than the benchmark, with a 1-week return of -7.57% compared to the Sensex's -1.59%. This underperformance is consistent with the stock's trend over the past month and year, where it has consistently lagged behind the benchmark indices. The overall market sentiment appears to be cautious, as indicated by the falling investor participation and liquidity concerns. Despite some positive financial indicators, such as increased net sales and cash reserves, the stock's long-term outlook remains weak, further exacerbating its current price decline.