Why is Prime Capital Ma falling/rising?

As of 01-Sep, Prime Capital Market Ltd's stock price is currently at 8.03, showing no change (0.00%). The stock has underperformed its sector today by 1.61%, despite being higher than the 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has declined by 3.14%, while it has experienced a significant increase of 38.45% over the past month. However, the stock has generated a return of -34.98% over the past year, indicating a substantial decline compared to the market's negative return of -2.43%. The company's return on equity (ROE) stands at 6, with a price-to-book value of 0.8, suggesting an attractive valuation. However, the long-term fundamental strength is weak, with an average ROE of 1.33% and an operating profit growth rate of only 4.90%. Additionally, promoter confidence has decreased, with a 4.9% reduction in their stake, which may signal concerns about the company's future.
In the broader market context, the stock's recent performance has been notably poor compared to the benchmark, as it has underperformed the BSE500, which recorded a return of -4.75% over the last year. The stock's significant decline of -34.98% highlights a lack of investor confidence, especially in light of the flat results reported in June and the weak long-term growth prospects. The rising investor participation, indicated by a 238.89% increase in delivery volume, suggests some interest, but it is overshadowed by the overall negative sentiment stemming from the declining promoter stake and the company's weak fundamentals.