Why is Fino Payments falling/rising?

As of 08-Aug, Fino Payments Bank Ltd is experiencing a price increase, with its current price at Rs 252.70, reflecting a change of Rs 8.3 or 3.4% upward. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline. It reached an intraday high of Rs 262, representing a 7.2% increase. However, despite this positive movement today, the stock has underperformed over the past week and month, with returns of -0.94% and -7.72%, respectively. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. There has also been a significant drop in investor participation, with delivery volume falling by 46.52% against the 5-day average.
In the broader market context, Fino Payments Bank's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.92% over the past week and a more significant drop of 4.60% over the past month. While the stock has outperformed its sector by 4.11% today, its year-to-date performance remains concerning, with a decline of 20.38% compared to a 2.20% increase in the Sensex. This suggests that while there may be short-term gains, the overall trend for Fino Payments Bank is still negative relative to the broader market, reflecting ongoing challenges despite today's upward movement.