Why is ESAF Small Fin falling/rising?

As of 15-Sep, ESAF Small Finance Bank Ltd's stock price is currently at 29.62, reflecting an increase of 0.25 or 0.85%. The stock has been gaining momentum over the past three days, with a total return of 1.37% during this period. It has outperformed its sector by 0.82% today. However, despite this short-term positive movement, the stock has shown a significant decline of 40.76% over the past year, with negative results reported for the last six consecutive quarters. The bank's weak capital buffers, indicated by a Capital Adequacy Ratio of 0%, and a high Cost to Income ratio of 79.65% further contribute to concerns about its financial health, impacting investor confidence.
In the broader market context, the stock has outperformed the Sensex in the short term, with a weekly return of 1.61% compared to the benchmark's 1.24%. However, the long-term performance remains concerning, as the stock has underperformed the BSE500 over the last three years, one year, and three months. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors, potentially limiting the stock's ability to recover from its poor performance. Overall, while there are short-term gains, the long-term outlook remains bleak, influenced by ongoing financial struggles and negative growth indicators.