Why is Fino Payments falling/rising?

As of 04-Aug, Fino Payments Bank Ltd's stock price is currently at Rs 252.10, reflecting a decrease of Rs 3.0 or 1.18%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.06% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has significantly underperformed the sector by 2.8% today. Over the past year, Fino Payments has experienced a substantial decline of 25.10%, while its profits have decreased by 6.3%. The recent quarterly results showed a sharp drop in PAT by 23.2%, and the lowest EPS at Rs 2.13 further exacerbates concerns about the company's performance.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting sharply with Fino Payments' decline of 5.33% during the same period. This underperformance is indicative of a lack of investor confidence, particularly as institutional investors have reduced their stakes by 2.02% in the last quarter, suggesting a cautious outlook on the stock's fundamentals. Despite the company's strong long-term growth potential, with impressive CAGR in operating profits and net sales, the immediate negative sentiment driven by poor quarterly results and falling investor participation has led to the stock's current downward trajectory.