Why is JMJ Fintech falling/rising?

As of 02-Sep, JMJ Fintech Ltd is currently priced at Rs 14.20, reflecting a decrease of Rs 0.17 or 1.18%. The stock has been underperforming, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, it has declined by 3.14%, and over the last month, it has dropped 12.88%. Despite the company declaring positive results for the last seven consecutive quarters, including a 19.1% increase in profits, the stock has still generated a staggering -57.50% return over the past year. This significant decline, coupled with a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 10.24%, suggests that investor confidence may be waning.
In the broader market context, JMJ Fintech's performance has been notably worse than the benchmark, with the Sensex showing a decline of only 0.78% over the past week and 0.55% over the past month. The stock's liquidity appears to be decreasing, with a 15.35% drop in delivery volume compared to the 5-day average. This trend, along with the stock's proximity to its 52-week low, indicates a lack of investor participation and confidence. Overall, the combination of poor short-term performance relative to the benchmark and declining investor interest contributes to the stock's downward trajectory.