Why is Reliance Home falling/rising?

As of 01-Jul, Reliance Home Finance Ltd is experiencing a decline in its stock price, currently at 6.09, which reflects a decrease of 0.12 or 1.93%. The stock has been underperforming, having fallen consecutively for the last 13 days, resulting in a total decline of 22.32% during this period. Despite a strong performance over the past year, with a return of 74.00%, the stock's recent movement is negatively impacted by a negative book value and weak long-term fundamental strength, as evidenced by a significant annual decline in net sales and operating profit. Although the company has reported positive results for the last three consecutive quarters, the overall sentiment appears to be overshadowed by its risky valuation and poor growth prospects.
In the broader market context, the stock's short-term performance is notably weaker compared to the benchmark, as it has underperformed the Sensex by 9.24% over the past week, while the index itself has gained 2.00%. This stark contrast highlights the challenges faced by Reliance Home Finance Ltd in maintaining investor confidence amidst its declining price trend. While there has been a rise in investor participation, as indicated by an increase in delivery volume, the overall market conditions and the company's fundamental weaknesses contribute to the stock's downward trajectory.