Why is Margo Finance falling/rising?

As of 08-Sep, Margo Finance Ltd's stock price is currently at 78.20, reflecting a decrease of 1.28, or 1.61%. Today's price summary indicates that the stock opened significantly lower, down 11.93%, and reached an intraday low of Rs 70. The stock has shown high volatility with an intraday fluctuation of 7.27%. Over the past week, Margo Finance has outperformed the benchmark Sensex with a return of 2.06%, but it has underperformed in the month and year-to-date periods, with declines of 5.05% and 42.59%, respectively. Despite generating a positive return of 24.32% over the last year, the company's weak long-term fundamentals, characterized by a low return on equity (ROE) of 0.14% and a significant drop in profits, contribute to its recent price decline.
Broader market context shows that while Margo Finance has underperformed the sector today, it has historically provided consistent returns over the last three years. However, the stock's current valuation appears expensive compared to its peers, which may deter investors. The stock's liquidity remains adequate, with a notable increase in delivery volume, suggesting rising investor participation. Despite these factors, the overall sentiment is negative due to flat quarterly results and a significant decline in profits, which likely influences the stock's downward movement in the current market environment.