Why is Muthoot Cap.Serv falling/rising?

As of 25-Jul, Muthoot Capital Services Ltd is currently priced at 329.70, reflecting a decrease of 9.8 points or 2.89%. The stock has been underperforming, having lost 6.44% over the last three days, and today it touched an intraday low of Rs 322.2, which represents a decline of 5.1%. Despite a positive return of 0.15% over the past year, the stock's profits have decreased by 11%, indicating underlying challenges. The stock is trading at a discount compared to its peers, with a Price to Book Value of 0.8, and has seen a slight increase in institutional investor participation, which may provide some support. However, the stock's recent performance has been negatively impacted by a broader decline in the Finance/NBFC sector, which has fallen by 2.12%.
In the broader market context, Muthoot Capital's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -5.89% compared to the Sensex's -0.36%. This underperformance is compounded by a decrease in investor participation, as evidenced by a 4.01% drop in delivery volume against the 5-day average. While the stock has shown strong performance over a longer time frame, outperforming the BSE500 in the last three years, the current downward trend and sector-wide challenges are contributing to its recent price decline.