Why is Indostar Capital falling/rising?

As of 03-Jul, Indostar Capital Finance Ltd's stock price is currently at Rs 349.60, reflecting a decline of Rs 4.15 or 1.17%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 3.43%. Despite opening with a gain of 3.45% today and reaching an intraday high of Rs 365.95, the overall performance has been lackluster, as it has underperformed its sector by 0.65%. Over the past month, the stock has shown a positive return of 7.57%, significantly outperforming the benchmark Sensex, which only gained 3.10%. However, the stock's long-term fundamentals remain weak, with a low return on equity of 2.22% and a concerning decline in net sales.
In the broader market context, while Indostar Capital has outperformed the BSE500 over the last year with a return of 39.81%, it has faced challenges in the short term, particularly with a recent drop in investor participation, as indicated by a 24.05% decrease in delivery volume. The stock's valuation appears expensive compared to its peers, trading at a price-to-book value of 1.3, which may deter some investors. Additionally, the recent flat quarterly results and a significant drop in profits over the past year have raised concerns about its long-term growth potential, contributing to the stock's recent price decline.