Why is CreditAcc. Gram. falling/rising?

As of 14-Aug, CreditAccess Grameen Ltd's stock price is rising, currently at 1,325.80, reflecting an increase of 14.15 (1.08%). The stock has demonstrated strong performance recently, gaining 6.79% over the last four days and outperforming its sector by 0.68% today. It has also touched an intraday high of Rs 1343.95. The stock's year-to-date return stands at an impressive 49.19%, significantly outperforming the benchmark Sensex, which has only returned 3.15% in the same period. Additionally, the company has shown strong long-term fundamental strength with a 23.98% CAGR growth in net sales and high institutional holdings at 24.89%, which have increased by 0.83% over the previous quarter.
In the broader market context, while the stock has been performing well, the benchmark BSE500 has generated negative returns of -0.57% over the past year, highlighting the stock's resilience. However, it is important to note that the company has declared negative results for the last four consecutive quarters, with significant declines in profit before tax and profit after tax compared to previous averages. Despite this, the stock continues to trade at a premium valuation, which may raise concerns among investors regarding its sustainability. Overall, the combination of strong recent performance and institutional support appears to be driving the stock's upward movement, despite the underlying financial challenges.