Why is Equitas Sma. Fin falling/rising?

As of 31-Jul, Equitas Small Finance Bank Ltd's stock price is currently at 59.19, reflecting a decrease of 0.92, or 1.53%. The stock has underperformed its sector by 1.37% today and has experienced a trend reversal, falling after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has declined by 4.67%, and in the last month, it has dropped 14.76%. Additionally, the stock has generated a return of -26.74% over the past year, while profits have significantly decreased by 81.6%. Despite having strong lending practices and a high capital adequacy ratio, the company has reported negative results for the last four consecutive quarters, which has contributed to the stock's decline.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with the Sensex only down 1.22% over the past week and 3.00% over the past month. This underperformance is further highlighted by the stock's negative returns in both the short and long term, as it has lagged behind the BSE500 index over various time frames. The falling investor participation, as evidenced by a 33.92% drop in delivery volume, also suggests waning interest among traders. While the stock has high institutional holdings, which could provide some stability, the overall negative sentiment surrounding its financial performance and market position continues to weigh heavily on its price movement.