Why is Indostar Capital falling/rising?

As of 19-Sep, Indostar Capital Finance Ltd is currently priced at 264.20, reflecting a decrease of 4.8 points or 1.78%. The stock opened the day with a gain of 8.7%, reaching an intraday high of Rs 292.4, but subsequently fell to a low of Rs 261, indicating high volatility with a range of Rs 31.4. Despite a rise in investor participation, with institutional investors increasing their stake by 0.52%, the company is facing significant challenges, including operating losses and poor long-term growth, as evidenced by a net sales decline of -0.22% annually. The recent financial results have been disappointing, with a PAT of Rs -355.93 crore, marking a drastic fall of -2808.2% compared to the previous quarter's average.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a one-year return of -13.36% against the BSE500's -1.96%. Over the past month, Indostar Capital has declined by 3.24%, while the Sensex has gained 1.20%, further illustrating its struggles. The stock is trading below all key moving averages, indicating a bearish trend, and its high volatility today suggests uncertainty among investors. Overall, the combination of weak financial performance, poor growth prospects, and underperformance relative to the market contributes to the stock's downward movement.