Why is Equitas Sma. Fin falling/rising?

As of 22-Aug, Equitas Small Finance Bank Ltd is experiencing a slight decline in its stock price, currently at 54.87, down by 0.07 or 0.13%. The stock has been underperforming recently, having fallen for the last two days with a total return of -0.24% during this period. Despite outperforming its sector by 0.94% today, the stock's longer-term performance has been concerning, with a -12.57% return over the past month and a significant -34.36% return over the past year. The company has faced negative results for five consecutive quarters, with a pre-tax profit decline of -698.4%, which has contributed to a lack of investor confidence. Additionally, while the bank has a high capital adequacy ratio and institutional holdings have increased, its return on assets has been negative, and profits have dropped dramatically.
In the broader market context, the stock's short-term performance of +3.53% over the past week contrasts with the Sensex's return of +0.88%, indicating some relative strength in the very short term. However, the stock's year-to-date performance of -14.48% starkly contrasts with the Sensex's +4.05%, highlighting a significant underperformance in the longer term. This discrepancy suggests that while there may be some short-term fluctuations, the overall sentiment surrounding Equitas Small Finance Bank Ltd remains negative, primarily due to its poor financial results and declining investor participation.