Why is Fino Payments falling/rising?

As of 31-Jul, Fino Payments Bank Ltd's stock price is currently at 268.35, reflecting an increase of 8.8 or 3.39%. Today, the stock has shown a trend reversal, gaining after four consecutive days of decline. It opened with a loss of 2.99% but reached an intraday high of Rs 269, indicating some recovery. Despite this, the stock has underperformed over the past week and month, with returns of -4.38% and -6.74%, respectively. The company has strong long-term fundamentals, evidenced by a 45.02% CAGR growth in operating profits and a 76.18% annual growth in net sales. However, it has faced challenges, including a significant drop in PAT and a decrease in institutional investor participation, which may have contributed to the stock's volatility.
In the broader market context, Fino Payments Bank's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.22% over the past week and 3.00% over the past month. The stock's year-to-date performance shows a decline of 15.45%, significantly worse than the Sensex's positive return of 3.90%. This underperformance highlights the stock's struggles compared to the overall market, despite its recent price increase. The falling participation from institutional investors, who have reduced their stake, further suggests a cautious outlook on the stock, which may impact its future price movements.