Why is Fusion Finance falling/rising?

As of 28-Aug, Fusion Finance Ltd is currently priced at Rs 169.20, reflecting an increase of Rs 1.3 or 0.77%. The stock has shown a positive performance today, outperforming its sector by 1.84%. However, it touched an intraday low of Rs 164.2, indicating some volatility. In the past week, the stock has gained 3.80%, while it has experienced a modest increase of 1.23% over the last month. Despite this short-term uptick, the company has faced significant challenges, including a weak long-term fundamental strength characterized by an average Return on Equity (ROE) of 0% and negative results for the last three consecutive quarters. The stock has generated a return of -44.42% over the past year, with profits declining by -466.9%, which raises concerns about its valuation and long-term growth prospects.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 2.34% over the past week. While Fusion Finance has shown some resilience in the short term, the overall sentiment remains negative due to falling participation from institutional investors, who have reduced their stake by 3.17%. This decline in institutional interest, combined with the company's poor financial performance and negative growth in net sales and profit after tax, suggests that the stock may struggle to maintain its upward momentum despite today's gains.