Why is CreditAcc. Gram. falling/rising?

As of 05-Jun, CreditAccess Grameen Ltd's stock price is currently at 1,184.80, reflecting an increase of 15.15 or 1.3%. The stock has shown a positive performance today, outperforming its sector by 0.93% and has been on a consecutive gain streak for the last four days, accumulating a total return of 3.33% during this period. In the past week, the stock has risen by 1.48%, and over the last month, it has increased by 2.86%. However, despite these recent gains, the company has declared negative results for the last three consecutive quarters, with significant declines in profit before tax and profit after tax compared to previous averages. This backdrop of declining profitability, alongside a high price-to-book ratio, suggests that while the stock is technically in a mildly bullish range, its valuation may be considered expensive relative to its peers.
Broader market context indicates that while CreditAccess Grameen has outperformed the Sensex in the short term, the stock has underperformed over the past year, generating a return of -15.43% compared to the benchmark's gain of 9.49%. The stock's long-term fundamentals show strong growth potential, with operating profits growing at a compound annual growth rate of 20.59% and net sales increasing at 27.54%. However, the falling investor participation, as indicated by a decrease in delivery volume, may reflect concerns among investors regarding the company's recent performance and valuation. Overall, the stock's recent rise can be attributed to short-term technical factors and positive market sentiment, despite the underlying challenges it faces.