Why is Equitas Sma. Fin falling/rising?

As of 20-Aug, Equitas Small Finance Bank Ltd is currently priced at 55.00, reflecting an increase of 0.34 or 0.62%. The stock has outperformed its sector today by 0.92%, although it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a modest gain of 1.08%, but it has significantly underperformed over the longer term, with a decline of 13.11% over the past month and a staggering 34.54% drop over the last year. The company has a high management efficiency indicated by a return on assets (ROA) of 1.53% and a strong capital adequacy ratio of 20.81%. However, it has also reported negative results for five consecutive quarters, with a profit after tax (PAT) of -223.76 crore, leading to a fair valuation despite trading at a premium compared to peers.
In the broader market context, the stock's short-term performance of +1.08% over the past week is less than the benchmark Sensex, which has increased by 1.64% during the same period. This underperformance is indicative of the stock's struggles, particularly given its negative returns over the past year and the significant decline in profits. The high institutional holdings at 63.43% suggest that knowledgeable investors are still backing the stock, as their stake has increased by 4.25% over the previous quarter. However, the overall negative sentiment due to consistent poor financial results and underperformance relative to broader indices continues to weigh heavily on the stock's price movement.