Why is Indbank Merchant falling/rising?

As of 26-Aug, Indbank Merchant Banking Services Ltd is experiencing a decline in its stock price, currently at 31.30, which represents a decrease of 0.73 or 2.28%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -5.15% over the past week. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past year has been particularly poor, with a return of -36.67%, while its profits have decreased by 21.5%. Despite having an attractive valuation with a Price to Book Value of 1.7, the weak long-term fundamentals, including a low average Return on Equity (ROE) of 6.90%, contribute to the stock's downward movement. In the broader market context, the finance/NBFC sector has also seen a decline of 2.02%, which may be influencing Indbank's performance. Compared to the benchmark Sensex, which has only decreased by 1.05% over the past week, Indbank's short-term return is significantly worse. The falling investor participation, evidenced by a 21.97% drop in delivery volume, further exacerbates the stock's challenges. Overall, the combination of weak financial results, poor returns relative to the market, and negative sentiment in the sector are contributing to the stock's decline.