Why is First Custodian falling/rising?

As of 04-Jul, First Custodian Fund(I) Ltd is experiencing a decline in its stock price, currently at 106.00, reflecting a decrease of 8.0 or 7.02%. Today's price summary indicates that the stock opened with a gain of 4.39% but quickly fell to an intraday low of Rs 103.1, resulting in high volatility with an intraday range of Rs 15.9. Over the past week, the stock has underperformed significantly, with a return of -7.83%, while its year-to-date performance shows a decline of 29.80%. Despite an attractive valuation indicated by a return on equity of 11.4 and a price-to-book value of 1, the stock has underperformed the market over the last year, generating a negative return of -11.81% compared to the BSE500's positive return of 2.13%.
Broader Market Context: The broader market context reveals that while the Sensex has shown a slight decline of 0.74% over the past week, First Custodian's performance has been notably worse, indicating a significant divergence from market trends. The stock's recent struggles can be attributed to weak long-term fundamentals, including a low return on equity of 7.72% and disappointing financial results, which have led to falling investor participation and liquidity concerns. The stock's trading below its moving averages further emphasizes its weak performance relative to the market, suggesting that investor sentiment remains negative.