Why is Shriram AMC falling/rising?

As of 18-Aug, Shriram Asset Management Co Ltd's stock is currently priced at 510.00, reflecting a decrease of 3.0 points or 0.58%. The stock has underperformed its sector by 2.83% today, opening with a loss of 4.44% and reaching an intraday high of Rs 524.9 before dropping to a low of Rs 490.2. Over the past week, the stock has declined by 5.20%, and its year-to-date performance shows a significant drop of 11.30%. The company is facing challenges, including operating losses and a poor long-term growth outlook, as evidenced by a staggering annual decline in operating profit of 240.56%. Additionally, the stock's return over the past year is -12.82%, with profits plummeting by 96.6%, which has contributed to a lack of confidence among domestic mutual funds, as they hold no stake in the company.
In the broader market context, the Sensex has shown a positive return of 0.83% over the past week, contrasting sharply with Shriram AMC's decline. While the finance/NBFC sector has gained by 2.27%, Shriram AMC's performance remains weak, indicating a disconnect between the stock and the overall market sentiment. The stock's liquidity is also a concern, with a significant drop in delivery volume, suggesting reduced investor participation. Overall, the combination of poor financial performance, lack of institutional support, and underperformance relative to the benchmark has led to the stock's downward movement.