Why is JMJ Fintech falling/rising?

As of 23-Jul, JMJ Fintech Ltd's stock price is currently at Rs. 16.23, reflecting a decline of Rs. 0.85 or 4.98%. The stock has reached a new 52-week low today and has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 17.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite the company reporting positive financial results over the last six quarters, including a significant growth in profits and sales, the stock's performance has been poor, with a year-to-date return of -40.31% and a one-year return of -25.17%. This underperformance is compounded by weak investor participation, as evidenced by a 60.58% drop in delivery volume compared to the 5-day average.
In the broader market context, JMJ Fintech's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight increase of 0.11% over the past week. The stock's significant decline of 16.98% in the last week further highlights its underperformance relative to the market. While the company has attractive valuations and has shown profit growth, the overall sentiment remains negative due to weak long-term fundamentals and a below-par performance compared to broader indices. This combination of factors contributes to the stock's current downward trajectory in a market that is not reflecting similar weakness.