Why is ESAF Small Fin falling/rising?

As of 09-Jun, ESAF Small Finance Bank Ltd's stock price is currently at Rs 34.10, reflecting an increase of 1.83 (5.67%). The stock has been on an upward trend, gaining 7.5% over the last four days and outperforming its sector by 5.45% today. It opened with a gain of 2.08% and reached an intraday high of Rs 34.75. Despite this positive short-term performance, the company faces significant challenges, including a low Capital Adequacy Ratio of 0%, high Cost to Income ratio of 75.58%, and a troubling history of negative net profits over the last five quarters. These factors contribute to a very expensive valuation and indicate poor long-term growth prospects, which could weigh on the stock's future performance.
In the broader market context, the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of 4.92% compared to the Sensex's 1.32%. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 18.89% against the Sensex's increase of 5.51%. This stark contrast highlights the volatility and risk associated with ESAF Small Finance Bank Ltd, as it struggles with weak financial fundamentals while experiencing temporary gains in a challenging market environment.