Why is ESAF Small Fin falling/rising?

As of 13-Jun, ESAF Small Finance Bank Ltd's stock price is currently at Rs 31.76, reflecting a decrease of Rs 1.02 or 3.11%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.86% during this period. It opened today with a loss of 2.53% and reached an intraday low of Rs 31.08. Over the past week, the stock has underperformed the sector by 2.16%, and its year-to-date performance shows a significant decline of 24.45%. The company's financial health is concerning, with a low Capital Adequacy Ratio of 0% and a high Cost to Income ratio of 75.58%. Additionally, the company has reported negative results for the last five consecutive quarters, with a net profit decline of 223.80% annually, contributing to the stock's poor performance.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 1.30% over the past week, while ESAF Small Finance Bank Ltd has dropped by 1.58%. This indicates that the stock is not only underperforming against its sector but also against the overall market. The lack of investor confidence is further highlighted by the absence of domestic mutual fund holdings, suggesting discomfort with the stock's valuation and business prospects. Overall, the combination of weak financial metrics, declining investor participation, and poor historical returns has led to the stock's downward trajectory.