Why is ESAF Small Fin falling/rising?

As of 01-Sep, ESAF Small Finance Bank Ltd's stock price is currently at 29.11, reflecting an increase of 0.3 or 1.04%. The stock has shown a positive trend recently, gaining 2.32% over the last two days and outperforming its sector by 0.51%. However, despite this short-term gain, the stock has underperformed in the longer term, with a 30.76% decline year-to-date and a staggering 42.85% drop over the past year. The company faces significant challenges, including a low Capital Adequacy Ratio of 0%, a high Cost to Income ratio of 79.65%, and negative net profit growth, which has contributed to its weak performance and investor sentiment. Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decrease in investor participation, with delivery volume falling by 55.77% against the five-day average.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a slight increase of 2.85% year-to-date. While ESAF Small Finance Bank has outperformed the sector in the short term, its long-term performance remains concerning, as it has consistently generated negative returns and has not attracted investment from domestic mutual funds, indicating a lack of confidence in its business prospects. Overall, the combination of short-term gains against a backdrop of significant long-term challenges suggests that while there may be temporary upward movements, the stock's fundamental issues continue to weigh heavily on its overall performance.