Why is Muthoot Microfin falling/rising?

As of 02-Jul, Muthoot Microfin Ltd's stock price is currently at 142.60, reflecting a decrease of 0.55, or 0.38%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days with a total decline of 0.8%. Despite outperforming its sector today by 0.85%, the stock's performance over the past week shows a gain of 7.06%, while it has increased by 11.45% over the past month. However, the company has reported negative financial results, including a significant drop in net sales and a return on equity of -8, which contributes to its weak valuation. The company's fundamentals are concerning, with three consecutive quarters of negative results and a substantial decline in profits.
In the broader market context, Muthoot Microfin's recent performance contrasts with the benchmark Sensex, which has only increased by 0.79% over the past week and 2.50% over the past month. While the stock has shown some short-term resilience, its year-to-date performance is notably poor, with a decline of 18.19% compared to the Sensex's gain of 6.75%. The falling investor participation, evidenced by a 62.74% drop in delivery volume, further indicates a lack of confidence among investors, which may be contributing to the stock's current downward movement.