Why is Equitas Sma. Fin falling/rising?

As of 12-Aug, Equitas Small Finance Bank Ltd's stock price is currently at Rs 55.00, reflecting an increase of Rs 1.2 or 2.23%. Today, the stock has shown a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 3.23%. Despite this positive movement, the stock has underperformed significantly over the past week and month, with returns of -5.03% and -13.70%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, while the company has a high capital adequacy ratio and management efficiency, it has reported negative results for the last five consecutive quarters, with a significant drop in profits, which has contributed to its overall poor performance.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only declined by 0.59% over the past week and 2.75% over the past month. This underperformance highlights the challenges Equitas Small Finance Bank Ltd faces compared to the overall market. The stock's year-to-date return of -14.28% further emphasizes its struggles, particularly when juxtaposed against the Sensex's positive return of 2.68% during the same period. High institutional holdings may provide some support, but the overall negative sentiment stemming from consecutive quarterly losses and declining profits continues to weigh heavily on the stock's price movement.