Why is JM Financial falling/rising?

As of 12-Jun, JM Financial Ltd is currently priced at 146.45, reflecting a decrease of 1.55, or 1.05%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 5.64% during this period. Despite this recent downturn, JM Financial has shown strong performance over the longer term, with a remarkable 82.63% return over the past year, significantly outperforming the Sensex, which has only increased by 6.64% in the same timeframe. However, the stock's profits have decreased by 34.7%, and it is trading at a premium compared to its peers, which may be contributing to investor caution. Additionally, the delivery volume has dropped significantly, indicating reduced investor participation.
In the broader market context, JM Financial's short-term performance has been notably better than the benchmark, as it has gained 2.66% over the past week compared to the Sensex's modest increase of 0.31%. Despite the stock's recent struggles, it has consistently outperformed the BSE 500 over various time frames, including the last three years and one year. However, the company's long-term growth prospects appear weak, with an annual operating profit decline of 1.48% and disappointing recent financial results, which may be influencing investor sentiment and leading to the current price decline.