Why is Star Housing Fin falling/rising?

As of 24-Jun, Star Housing Finance Ltd's stock price is currently at Rs 37.19, reflecting a decline of -1.29 (-3.35%). The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total drop of -5.03% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a -22.12% return year-to-date and a -32.87% return over the past year. Despite the company reporting strong growth in net sales and positive financial results over the last 13 quarters, the stock's performance has been negatively impacted by weak long-term fundamental strength, as indicated by an average Return on Equity (ROE) of 5.73%. Furthermore, a decrease in institutional investor participation, which has dropped by -0.54% in the previous quarter, raises concerns about the stock's stability.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with the Sensex showing a positive return of +0.58% over the past week while Star Housing Finance Ltd has declined by -4.64%. This stark contrast highlights the stock's struggles relative to the overall market. The company’s recent positive financial results, including a 69.69% growth in net sales, have not translated into stock price appreciation, primarily due to falling institutional interest and a lack of confidence in its long-term prospects. Overall, the combination of recent price declines, underperformance against the benchmark, and weakening institutional support contributes to the stock's current downward trajectory.