Why is PMC Fincorp falling/rising?

As of 25-Jul, PMC Fincorp Ltd's stock price is currently at Rs 2.08, reflecting a decrease of Rs 0.02 or 0.95%. The stock has underperformed significantly over various periods, with a 1-week return of -5.88% and a 1-month return of -7.14%. It is also trading lower than all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.31% away from it. Despite a very attractive valuation with a return on equity (ROE) of 12.9 and a price-to-book value of 1.2, the stock has generated a return of -48.29% over the past year, even as profits have risen by 39.9%. This disparity suggests underlying weaknesses, particularly with a recent quarterly profit after tax (PAT) decline of 82%, contributing to a perception of weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, indicating a relatively stable market environment compared to PMC Fincorp's sharper decline. The finance/NBFC sector has also experienced a downturn of 2.13%, which may be impacting investor sentiment towards PMC Fincorp. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 7.65% against the 5-day average. This lack of interest, combined with the stock's significant underperformance against the benchmark indices over the past year and three years, reinforces the negative outlook for PMC Fincorp, leading to its current price decline.