Why is Muthoot Cap.Serv falling/rising?

As of 03-Jul, Muthoot Capital Services Ltd is experiencing a slight decline in its stock price, currently at 321.95, reflecting a decrease of 0.05 or 0.02%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 2.5% during this period. Despite outperforming its sector by 0.5% today, the stock's delivery volume has decreased significantly, down by 43.2% compared to the five-day average, indicating falling investor participation. Over the past month, the stock has shown a positive return of 11.79%, contrasting with a year-to-date decline of 3.59%. While it has a relatively attractive valuation with a Price to Book Value of 0.8, the company's profits have decreased by 11% over the past year, which may contribute to investor concerns.
In the broader market context, Muthoot Capital's recent performance has been slightly better than the benchmark Sensex, which has declined by 0.62% over the past week. However, the stock's long-term fundamentals appear weak, with a low average Return on Equity (ROE) of 8.13% and negative growth in net sales and operating profit. The company has also reported significant declines in profit before tax and profit after tax in its latest quarterly results, which may deter potential investors. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's valuation and business prospects, potentially influencing its recent price movement.