Why is ESAF Small Fin falling/rising?

As of 24-Sep, ESAF Small Finance Bank Ltd's stock price is currently at 29.00, reflecting a decrease of 0.33, or 1.13%. The stock has underperformed its sector today by 0.37%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.85%, and it has shown a significant year-to-date drop of 31.02%. The company's financial health is concerning, with a low Capital Adequacy Ratio of 0% and a high Cost to Income ratio of 79.65%. Additionally, the bank has reported negative results for the last six consecutive quarters, with a net profit decline of 236.43% annually, contributing to a poor long-term growth outlook.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 4.58% year-to-date while ESAF Small Finance Bank has lost over 31%. The stock's underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation and business prospects. The overall market sentiment appears to be cautious, as evidenced by the falling investor participation, with a 22.07% decrease in delivery volume compared to the 5-day average. This combination of weak financial indicators and negative investor sentiment has contributed to the stock's decline.