Why is Fino Payments falling/rising?

As of 22-Aug, Fino Payments Bank Ltd's stock is currently priced at 264.40, reflecting a decrease of 9.45 points or 3.45%. The stock has underperformed its sector by 3.01% today, having touched an intraday low of Rs 261.55, which is a decline of 4.49%. Over the past week, the stock has shown a positive return of 4.71%, but it has experienced a significant decline of 5.89% over the past month and a staggering 32.66% drop over the last year. The company's fundamentals indicate strong long-term growth potential, with a 43.48% CAGR in operating profits and a 76.17% annual growth rate in net sales. However, the recent flat results in June, including a 23.2% fall in PAT and a significant reliance on non-operating income, have raised concerns. Additionally, a decrease in institutional investor participation, which has fallen by 2.02%, suggests a lack of confidence among more knowledgeable investors.
In the broader market context, Fino Payments Bank's performance has been notably weaker than the benchmark, with the BSE500 index showing a negative return of only 2.49% over the past year. This stark contrast highlights the stock's underperformance, as it has not only failed to keep pace with the market but has also seen a much larger decline. The liquidity of the stock remains adequate, with a delivery volume increase of 139.58% against the 5-day average, indicating some investor interest. However, the overall sentiment remains cautious due to the company's recent financial results and the declining participation from institutional investors, which could further pressure the stock's price in the near term.