Why is CreditAcc. Gram. falling/rising?

As of 27-Jun, CreditAccess Grameen Ltd's stock price is currently at Rs 1,218.95, reflecting an increase of Rs 28.35 or 2.38%. The stock has shown strong performance today, outperforming its sector by 2.29% and reaching an intraday high of Rs 1,231.2, which is a 3.41% increase. Over the past week, the stock has risen by 9.82%, while its year-to-date performance stands at a notable 37.17%. However, despite these positive short-term movements, the company has faced challenges, including negative results for the last three consecutive quarters, with significant declines in profit before tax and profit after tax. Additionally, the stock's valuation appears expensive compared to its peers, which may be contributing to investor caution.
Broader market context indicates that while CreditAccess Grameen has outperformed the sector recently, it has underperformed the broader market over the last year, generating negative returns of -8.36% compared to the BSE 500's positive return of 4.10%. This discrepancy highlights the stock's struggle despite its recent gains. The high institutional holdings at 24.06% suggest that knowledgeable investors are backing the stock, yet the falling investor participation, as evidenced by a significant drop in delivery volume, raises concerns about sustained interest. Overall, while the stock is experiencing a short-term rise, the underlying fundamentals and broader market performance present a mixed outlook.