Why is Fino Payments falling/rising?

As of 25-Jun, Fino Payments Bank Ltd's stock price is currently at 298.55, reflecting an increase of 21.55, or 7.78%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and has outperformed its sector by 7.17%. It reached an intraday high of Rs 323.95, indicating significant volatility with a wide trading range of Rs 45.55. Despite this positive movement, the stock has underperformed over the past year with a return of -5.67%, although it has demonstrated strong long-term fundamentals with a 45.02% CAGR growth in operating profits and a healthy net sales growth rate of 76.18%. However, the recent flat results and declining participation from institutional investors may be contributing factors to its mixed performance.
In the broader market context, Fino Payments Bank's short-term return of +3.81% over the past week significantly outpaces the Sensex's return of +1.61%. Despite this positive short-term performance, the stock has consistently underperformed against the benchmark over the last three years, which may raise concerns among investors. The decline in institutional investor participation, which has decreased by 2.18% in the previous quarter, suggests a lack of confidence in the stock's future prospects, potentially impacting its price movement negatively. Overall, while the stock is experiencing a short-term rise, the long-term outlook remains uncertain due to recent performance metrics and investor sentiment.