Why is Muthoot Microfin falling/rising?

As of 04-Jul, Muthoot Microfin Ltd's stock price is currently at Rs 154.10, reflecting an increase of Rs 9.45 or 6.53%. The stock has outperformed its sector by 6.4% today and has shown a consecutive gain over the last two days, rising by 8.06% during this period. Despite this positive short-term performance, the company has faced significant challenges, including a decline in net sales of -18.47% and negative results for the last three consecutive quarters. The company's operating profit to interest ratio is at its lowest, and its return on equity is negative, indicating a very expensive valuation. These negative factors contribute to the stock's long-term underperformance, with a one-year return of -36.43%.
In the broader market context, Muthoot Microfin's short-term return of +10.11% over the past week contrasts sharply with the Sensex, which has declined by -0.74% during the same period. However, the stock's year-to-date performance remains poor, with a decline of -11.59%, while the benchmark has gained +6.77%. This indicates that while the stock is experiencing a temporary rise, it has significantly underperformed the market over a longer timeframe, highlighting the ongoing challenges the company faces despite recent gains.