Why is JMJ Fintech falling/rising?

As of 14-Jul, JMJ Fintech Ltd's stock price is currently at Rs 19.98, reflecting a decrease of Rs 0.42 or 2.06%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a significant decline of 48.24% during this period. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite the company reporting positive results over the last six consecutive quarters, including a notable growth in net sales and profits, the stock has underperformed against the benchmark indices, generating a return of -7.63% over the past year. Additionally, the stock is close to its 52-week low, being just 4.9% away from it.
In the broader market context, JMJ Fintech's short-term performance has been significantly worse than the benchmark, with a 1-week return of -45.68% compared to the Sensex's decline of only 1.42%. This consistent underperformance against the benchmark over the last three years raises concerns about the stock's long-term fundamental strength, particularly given its average Return on Equity (ROE) of 8.47%. The falling investor participation, as indicated by a decrease in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's decline.