Why is Moongipa Capital falling/rising?

As of 11-Jul, Moongipa Capital Finance Ltd is experiencing a decline in its stock price, currently at 19.18, which reflects a decrease of 0.18 or 0.93%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 88.67% compared to the 5-day average. Over the past year, the stock has underperformed the market, generating a return of -35.12%, while the company's profits have decreased by 20.1%. Despite having an attractive valuation with a return on equity of 17.5 and a price-to-book value of 2.2, the stock is trading at a premium compared to its peers, which may not be justifiable given its recent operating losses and weak long-term fundamentals.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.54%, while the benchmark Sensex has only decreased by 1.12%. This underperformance highlights the stock's struggles relative to the market. Furthermore, while the market has generated a modest return of 0.52% over the past year, Moongipa Capital has significantly lagged behind, reinforcing concerns about its viability and investor confidence. The combination of weak financial results, declining sales, and operating losses contributes to a negative outlook for the stock, making it a strong sell in the current market environment.