Why is Muthoot Microfin falling/rising?

As of 01-Jul, Muthoot Microfin Ltd's stock price is currently at 143.15, reflecting a decrease of 0.6, or 0.42%. The stock has shown a performance today that underperformed its sector by 0.28%. In terms of returns, the stock has increased by 9.27% over the past week and 12.01% over the past month, but it has significantly underperformed over the year with a decline of 40.82%. The company has strong long-term fundamental strength with an average Return on Equity (ROE) of 16.12% and high institutional holdings at 27.79%. However, the company has reported negative results for the last three consecutive quarters, including a drastic fall in net sales by 18.47% and a PAT of Rs -401.15 crore, which has contributed to its current valuation challenges.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, indicating that Muthoot Microfin's short-term performance is notably stronger than the benchmark. Despite the recent rise in investor participation, with delivery volume increasing by 40.42% against the 5-day average, the stock's long-term performance remains concerning, with a year-to-date decline of 17.87% compared to the Sensex's gain of 7.11%. Overall, while there are some positive indicators, the persistent negative financial results and underperformance relative to the broader market suggest that the stock is facing significant challenges.