Why is Muthoot Microfin falling/rising?

As of 07-Jul, Muthoot Microfin Ltd's stock price is currently at Rs 151.35, reflecting a decrease of Rs 2.75 or 1.78%. The stock has underperformed its sector today, falling after two consecutive days of gains. It touched an intraday low of Rs 150.15, indicating a decline of 2.56%. Over the past week, the stock has shown a positive return of 5.29%, but it has significantly underperformed over the year with a return of -37.37%. The company has faced challenges, including a substantial fall in net sales of 18.47% and negative results for the last three consecutive quarters, which have contributed to its poor performance. Despite having strong long-term fundamental strength with a 45.40% CAGR growth in net sales and high institutional holdings at 27.79%, the stock's valuation remains expensive with a negative return on equity of -8.5.
In the broader market context, while the stock has shown a positive return of 5.29% over the past week, the benchmark Sensex has slightly declined by 0.20%. Over the last month, Muthoot Microfin has outperformed the Sensex with a return of 17.87% compared to the benchmark's 1.53%. However, the stock's year-to-date performance is concerning, with a decline of 13.17% against the Sensex's gain of 6.79%. The overall market has generated positive returns, but Muthoot Microfin's significant negative returns highlight its struggles in comparison to the broader market trends.