Why is Reliance Home falling/rising?

As of 08-Jul, Reliance Home Finance Ltd's stock price is currently at 5.53, reflecting a decrease of 0.11, or 1.95%. The stock has been on a downward trend, having underperformed its sector by 2.16% today and experiencing a consecutive fall for the last 18 days, resulting in a significant decline of 29.46% over this period. Despite positive results in the last three consecutive quarters, including a 130.36% growth in PAT for the first nine months, the stock's long-term fundamentals appear weak due to a negative book value and poor growth in net sales and operating profit. Additionally, investor participation has decreased, with delivery volume falling by 10.57% against the five-day average.
In the broader market context, the stock's performance over the past week shows a decline of 9.20%, while the Sensex has remained relatively flat with a slight increase of 0.02%. Although the stock has outperformed the benchmark over the long term, generating a 43.64% return in the last year compared to the Sensex's 4.69%, its recent struggles indicate a disconnect between its historical performance and current market sentiment. The combination of falling investor participation, a negative book value, and poor long-term growth prospects contributes to the stock's current downward trajectory.