Why is Equitas Sma. Fin falling/rising?

As of 10-Jun, Equitas Small Finance Bank Ltd's stock price is currently at Rs 70.10, reflecting an increase of Rs 1.89 or 2.77%. The stock has been performing well recently, having outperformed its sector by 3.13% today and achieving a consecutive gain over the last four days, resulting in a total return of 9.16% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite the recent gains, the bank has faced challenges, including negative results over the last four quarters, with a significant drop in profit before tax and profit after tax compared to previous averages. However, strong lending practices and a low gross NPA ratio of 2.89%, along with a high capital adequacy ratio of 20.81%, provide some support for the stock.
In the broader market context, Equitas Small Finance Bank has shown a strong short-term performance, with a 1-week return of 6.02% compared to the Sensex's 2.05%, and a 1-month return of 15.96% against the Sensex's 3.70%. This indicates that the stock is currently outperforming the benchmark in the short term. However, it is important to note that over the past year, the stock has significantly underperformed, with a return of -27.90% compared to the Sensex's positive return of 7.72%. This disparity highlights the challenges the company has faced despite recent positive movements in its stock price.