Why is Muthoot Cap.Serv falling/rising?

As of 01-Jul, Muthoot Capital Services Ltd is currently priced at 322.65, reflecting a decrease of 0.75, or 0.23%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 2.29% during this period. Despite this recent decline, the stock has shown strong performance over the past week and month, with returns of 3.28% and 12.99%, respectively. However, the stock's long-term fundamentals appear weak, as indicated by a return on equity (ROE) of 7 and a decline in profits by 11% over the past year, alongside a significant drop in net sales and operating profit. Additionally, the stock is trading at a discount compared to its peers, which may attract some investors, but the lack of domestic mutual fund investment suggests caution.
In the broader market context, Muthoot Capital Services Ltd has outperformed the benchmark Sensex in the short term, with a 3.28% return over the past week compared to the Sensex's 2.00%. However, the stock's year-to-date performance shows a decline of 3.38%, while the Sensex has increased by 7.11%. This disparity highlights the challenges faced by Muthoot Capital, particularly in light of its weak long-term growth prospects and declining investor participation, as evidenced by a significant drop in delivery volume. Overall, while the stock has shown some positive short-term performance, the underlying fundamentals and investor sentiment appear to be contributing to its recent price decline.