Why is Equitas Sma. Fin falling/rising?

As of 23-Jul, Equitas Small Finance Bank Ltd's stock price is currently at 62.67, reflecting a decrease of -0.09 or -0.14%. The stock has been underperforming, having fallen for the last three days with a total decline of -1% in that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of -1.28%, and over the past month, it has decreased by -7.39%. Despite a strong lending practice indicated by a low Gross NPA ratio of 2.89% and a high Capital Adequacy Ratio, the stock has generated a significant return of -29.51% over the past year, with profits plummeting by -81.6%. The recent drop in delivery volume by -2.38% against the 5-day average suggests falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, the Sensex has shown a slight increase of +0.11% over the past week, contrasting with Equitas Small Finance Bank's negative return. This underperformance relative to the benchmark indicates that investor sentiment towards the stock is weaker compared to the overall market. While high institutional holdings at 63.43% may provide some stability, the increase in their stake by 4.25% over the previous quarter has not translated into positive stock performance. The stock's current valuation at a premium compared to peers, coupled with its recent poor returns, suggests that investors may be cautious, leading to the observed decline in price.