Why is Equitas Sma. Fin falling/rising?

As of 08-Aug, Equitas Small Finance Bank Ltd is experiencing a decline in its stock price, currently at 56.28, which reflects a decrease of 0.69 or 1.21%. The stock has been on a downward trend, losing value for the last three days and showing a total decline of 2.81% during this period. Additionally, the stock's performance over the past week and month has been negative, with returns of -1.45% and -10.62%, respectively. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with a delivery volume increase of 17.34% against the 5-day average, the overall sentiment appears to be negative, and there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Equitas Small Finance Bank's recent performance has been weaker compared to the benchmark Sensex, which has seen a decline of only 0.92% over the past week and 4.60% over the past month. Year-to-date, the stock has fallen by 12.28%, while the Sensex has gained 2.20%. This stark contrast highlights the stock's underperformance relative to the market, contributing to the negative sentiment surrounding it. The liquidity of the stock remains adequate for trading, but the persistent decline in its price suggests that investors may be cautious amid broader market conditions.