Why is India Finsec falling/rising?

As of 13-Jun, India Finsec Ltd's stock price is currently at Rs 139.00, reflecting a decline of Rs 14.0 or 9.15%. Today's price summary indicates that the stock has underperformed its sector by 8.63%, opening with a loss of 5.62% and reaching an intraday low of Rs 135.35, which is a drop of 11.54%. Over the past week, the stock has decreased by 7.95%, and over the past month, it has fallen by 8.79%. Despite positive quarterly results showing the highest PBDIT and operating profit margins, the stock faces challenges due to weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 11.50% and a high Price to Book Value ratio of 3.6. Additionally, 71.15% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.
In the broader market context, India Finsec's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.30% over the past week and is up 3.81% year-to-date. This significant underperformance highlights investor concerns regarding the company's valuation and the increased proportion of pledged shares, which has risen by 7.89% in the last quarter. While the stock has shown impressive long-term gains over three and five years, the current market sentiment appears to be cautious, leading to the recent price decline.