Why is PMC Fincorp falling/rising?

As of 15-Sep, PMC Fincorp Ltd is currently priced at Rs 2.04, showing no change (0.00%). The stock has been underperforming significantly, with a 1-week return of -5.12% and a 1-month return of -3.32%. It is trading lower than all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.43% above Rs 1.97. The delivery volume has also decreased by 15.75% compared to the 5-day average, suggesting a decline in investor participation. Despite having a relatively attractive valuation with a Price to Book Value of 0.9 and a Return on Equity (ROE) of 8.9, the stock's performance has been poor, with a staggering -51.43% return over the past year and a decline in profits by -8.2%.
In the broader market context, the Sensex has shown a positive return of +1.24% over the past week, contrasting sharply with PMC Fincorp's negative performance. This underperformance is further highlighted by the stock's returns over various periods, where it has lagged behind the benchmark indices, including a -51.43% return in the last year compared to a -1.33% return for the Sensex. The company's weak long-term fundamentals, including a low average ROE of 5.19% and significant declines in both profit after tax and net sales, contribute to the negative sentiment surrounding the stock. Overall, the combination of poor performance metrics and declining investor interest has led to a bearish outlook for PMC Fincorp.