Why is GIC Housing Fin falling/rising?

As of 13-Aug, GIC Housing Finance Ltd is experiencing a decline in its stock price, currently at 175.00, which reflects a decrease of 7.25 or 3.98%. The stock has underperformed its sector by 4.16% today, opening with a loss of 2.33% and reaching an intraday low of Rs 174, down 4.53%. Over the past week, the stock has decreased by 4.29%, and its performance over the last month shows a significant drop of 11.97%. Despite a rise in profits by 11.5% over the past year, the stock has generated a return of -24.84%, indicating poor long-term growth with negative trends in net sales and operating profit. The company's low return on equity (ROE) and weak long-term fundamentals further contribute to its declining stock price, compounded by a lack of domestic mutual fund investment, suggesting a lack of confidence in the stock.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has remained relatively flat with a change of -0.01% over the past week. While GIC Housing Finance has faced substantial declines in both short-term and long-term returns, the Sensex has shown resilience with a year-to-date increase of 3.07%. This disparity highlights the stock's underperformance compared to the broader market, reinforcing the perception of weakness in GIC Housing Finance's fundamentals and investor sentiment.