Why is Jhaveri Credits falling/rising?

As of 18-Sep, Jhaveri Credits & Capital Ltd is experiencing a decline in its stock price, currently at 218.85, which reflects a decrease of 0.45 or 0.21%. The stock has underperformed its sector by 0.54% today and has been on a downward trend for the last two days, accumulating a total loss of 0.55%. Over the past week, the stock has decreased by 3.97%, and its performance over the last month shows a significant decline of 14.24%. The company has also reported weak financials, with net sales and profit after tax both declining by 37.12% in the latest six months. Additionally, the stock's return on equity stands at a low 3.87%, indicating weak long-term fundamental strength and contributing to its expensive valuation relative to peers.
In the broader market context, while the Sensex has shown a positive return of 1.80% over the past week and 2.14% over the last month, Jhaveri Credits has significantly lagged behind, with a year-to-date decline of 18.93% compared to the Sensex's 6.24% gain. This stark contrast highlights the stock's underperformance, particularly as it has generated a return of -30.52% over the past year, which is much worse than the broader market's negative return of -1.96%. The falling investor participation, evidenced by a 30.21% drop in delivery volume against the five-day average, further underscores the lack of confidence in the stock, contributing to its ongoing decline.