Why is TruCap Finance falling/rising?

As of 26-Sep, TruCap Finance Ltd is experiencing a decline in its stock price, currently at 10.51, which reflects a decrease of 0.55 or 4.97%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 17.57% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock's year-to-date performance shows a staggering drop of 38.90%, and over the past year, it has plummeted by 65.16%. Contributing to this downturn are the company's poor financial results, including a net sales drop of 42.29% and a staggering 774.4% decline in profits, alongside a negative return on equity of -39.8%. Furthermore, a reduction in promoter stake by 4.8% suggests waning confidence in the company's future.
In the broader market context, TruCap Finance's performance has been notably worse than the benchmark, with a one-week return of -16.72% compared to the Sensex's -2.66%. This consistent underperformance over the last three years highlights the company's struggles relative to the market, as it has failed to generate positive returns while the benchmark has seen growth. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume indicates a lack of investor interest, further exacerbating the stock's decline. Overall, the combination of poor financial health, declining investor confidence, and substantial underperformance against the benchmark are key factors driving the stock's downward trajectory.