Why is Fusion Finance falling/rising?

As of 18-Aug, Fusion Finance Ltd is experiencing a price increase, with its current price at Rs 154.65, reflecting a rise of Rs 6.95 or 4.71%. Today's price performance indicates that the stock has outperformed its sector by 2.46%, reaching an intraday high of Rs 158. However, despite this short-term gain, the stock has shown a significant decline of 19.03% over the past month and a staggering 43.98% over the last year. The company has faced challenges, including negative results for the last three consecutive quarters, with a reported PAT of Rs -256.81 crore and a decline in net sales. Additionally, the stock's long-term fundamentals are weak, evidenced by an average Return on Equity (ROE) of 0% and a substantial drop in operating profit.
In the broader market context, the stock's short-term performance of +0.68% over the past week is slightly below the benchmark Sensex, which has gained 0.83% in the same period. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 3.17% over the previous quarter, indicating a lack of confidence among more knowledgeable investors. The finance/NBFC sector as a whole has gained by 2.27%, suggesting that while the sector is performing well, Fusion Finance's long-term struggles and recent negative financial results continue to weigh heavily on its overall performance.