Why is Haryana Capfin falling/rising?

As of 26-Aug, Haryana Capfin Ltd's stock price is currently at Rs 189.00, reflecting a decrease of 1.0 (-0.53%). Today, the stock opened with a significant loss of 5.13% and reached an intraday low of Rs 180, indicating a challenging trading session. Despite outperforming its sector by 1.42%, the stock has shown a negative return of 7.08% over the past month and a substantial decline of 37.04% year-to-date. The company's return on equity (ROE) stands at a low 1.6, and while it has an attractive valuation with a price-to-book ratio of 0.3, the weak long-term fundamental strength and flat quarterly results have contributed to the stock's downward movement.
In the broader market context, Haryana Capfin's performance contrasts sharply with the benchmark Sensex, which has experienced a slight decline of 0.83% over the past month. The stock's recent performance has been particularly poor, with a one-year return of -14.07%, significantly underperforming the market's negative return of -3.87%. This underperformance, coupled with falling investor participation and a decrease in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's decline.