Why is Fino Payments falling/rising?

As of 11-Aug, Fino Payments Bank Ltd's stock price is currently at Rs 253.80, reflecting an increase of 1.1 (0.44%). The stock has been gaining for the last two days, with a total return of 3.85% during this period, although it underperformed its sector by 0.25% today. The stock's performance over the past week shows a slight increase of 0.34%, contrasting with a more significant decline of 13.97% over the past month and a notable drop of 29.30% over the past year. Despite strong long-term fundamentals, including a 43.48% CAGR growth in operating profits and a healthy annual growth rate of 76.17% in net sales, the stock has faced challenges, such as a 23.2% decline in PAT for the most recent quarter and a decrease in institutional investor participation.
In the broader market context, Fino Payments Bank has underperformed compared to the benchmark, with the Sensex showing a decline of only 2.30% over the past month and a positive return of 3.15% year-to-date, while Fino's year-to-date performance is down by 20.04%. This significant disparity indicates that while the stock has recently shown some recovery, it remains vulnerable to broader market trends and investor sentiment. The falling participation from institutional investors, who have reduced their stake by 2.02%, further complicates the stock's outlook, as these investors typically have more resources to assess the company's fundamentals compared to retail investors.