Why is ESAF Small Fin falling/rising?

As of 01-Jul, ESAF Small Finance Bank Ltd's stock price is currently at Rs 35.46, reflecting an increase of Rs 3.0 or 9.24%. The stock has shown strong performance recently, outperforming its sector by 9.18% today and achieving a consecutive gain over the last two days with a total return of 9.61%. It reached an intraday high of Rs 36.13, indicating positive momentum. However, despite these short-term gains, the stock has significantly underperformed over the past year, with a return of -33.48% compared to the Sensex's gain of 5.31%. The bank's weak financial indicators, including a low Capital Adequacy Ratio of 0% and a high Cost to Income ratio of 75.58%, raise concerns about its long-term viability. Additionally, the company has reported negative results for the last five consecutive quarters, with a substantial decline in net profit, which may deter investor confidence.
In the broader market context, while ESAF Small Finance Bank has shown a notable short-term return of 11.06% over the past week, this is in stark contrast to its year-to-date performance, which is down by 15.65%, indicating a struggle to maintain investor interest. The stock's recent gains may be attributed to a temporary rebound, but the overall trend suggests a lack of confidence among investors, as evidenced by the falling delivery volume and minimal participation from domestic mutual funds. The broader market has performed better, with the Sensex gaining 7.11% year-to-date, highlighting the stock's ongoing challenges in attracting investment relative to its peers.