Why is First Custodian falling/rising?

As of 24-Jul, First Custodian Fund(I) Ltd is experiencing a decline in its stock price, currently at Rs 94.95, reflecting a decrease of Rs 2.6 or 2.67%. The stock has underperformed its sector by 1.93% today and has been on a downward trend for the last two days, accumulating a total loss of 9.4%. It reached an intraday low of Rs 92.15, indicating significant selling pressure. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a modest annual return of 0.42% and a profit increase of 7.3%, the company's weak long-term fundamentals, highlighted by a low Return on Equity (ROE) of 7.72%, contribute to the stock's negative performance. In the broader market context, the stock's performance over the past week shows a decline of 5.05%, while the benchmark Sensex has remained relatively stable with a decrease of only 0.09%. Over the past month, First Custodian has fallen by 11.67%, contrasting sharply with the Sensex's slight gain of 0.16%. This stark difference indicates that investor sentiment towards First Custodian is particularly weak compared to the overall market. The falling investor participation, with a significant drop in delivery volume, further emphasizes the lack of confidence among investors, which is compounded by the company's flat financial results and low cash reserves.