Why is ESAF Small Fin falling/rising?

As of 18-Jul, ESAF Small Finance Bank Ltd's stock price is currently at 33.36, reflecting a decrease of 0.34, or 1.01%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 2.94% during this period. In the past week, the stock has underperformed with a return of -2.14%, while it has shown a modest gain of 7.61% over the past month. However, the stock's long-term performance is concerning, with a year-to-date decline of 20.65% and a staggering 35.39% drop over the past year. The bank's weak financial indicators, including a low Capital Adequacy Ratio of 0% and a high Cost to Income ratio of 75.58%, contribute to investor skepticism. Additionally, the company has reported negative results for the last five consecutive quarters, further impacting investor confidence.
In the broader market context, the Sensex has shown a slight decline of 0.90% over the past week, indicating that while the market is also facing challenges, ESAF's performance is significantly worse. The stock's liquidity appears adequate, with a delivery volume increase of 8.33% against the five-day average, suggesting some investor interest. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's prospects. Overall, while there is some short-term trading activity, the fundamental weaknesses and poor long-term growth prospects are likely driving the stock's recent decline.