Why is Jana Small Finan falling/rising?

As of 04-Aug, Jana Small Finance Bank Ltd is experiencing a decline in its stock price, currently at 459.00, reflecting a decrease of 1.1 or 0.24%. The stock has been losing value for the last two days, with a total drop of 3.52% during this period. In terms of performance, the stock has underperformed against the benchmark Sensex over the past week and month, with returns of -0.15% and -6.60%, respectively. Although the stock has shown a year-to-date gain of 16.19%, it has suffered a significant decline of 28.50% over the past year, coinciding with a 42.3% drop in profits. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, indicating mixed momentum. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 40.34% compared to the five-day average.
In the broader market context, while the Sensex has gained 0.16% over the past week and lost only 2.89% over the past month, Jana Small Finance Bank's performance has lagged behind these benchmarks. This underperformance may be attributed to the stock's high valuation relative to its peers, despite its management efficiency and healthy long-term growth prospects. The stock's attractive valuation, with a Price to Book Value of 1.2, contrasts sharply with its recent profit declines, leading to cautious sentiment among investors. The majority of shareholders being non-institutional may also contribute to the stock's volatility and recent price movements.