Why is Jhaveri Credits falling/rising?

As of 27-Jun, Jhaveri Credits & Capital Ltd is experiencing a decline in its stock price, currently at Rs 272.00, which reflects a decrease of Rs 5.95 or 2.14%. Today's price summary indicates that the stock has underperformed its sector by 2.23% and has fallen after five consecutive days of gains, reaching an intraday low of Rs 265. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, but there is a notable drop in investor participation, with delivery volume falling by 75.35% compared to the 5-day average. Over the past year, the stock has generated a return of -19.88%, significantly underperforming the market, which has seen a return of 4.10%. The company's operating losses and weak long-term fundamentals, including a negative profit after tax and low return on equity, contribute to its current valuation challenges.
In the broader market context, while Jhaveri Credits has shown a strong performance over the long term with a 3-year return of 5350.90% and a 5-year return of 12492.59%, its recent performance has been lackluster compared to the benchmark, with a 1-week return of +9.28% compared to the Sensex's +2.00%. This indicates that despite some short-term gains, the stock's overall trajectory remains downward due to fundamental weaknesses and a significant decline in investor confidence. The stock's premium valuation relative to its peers further exacerbates its challenges, leading to a perception of it being a strong sell.