Why is Muthoot Microfin falling/rising?

As of 11-Jul, Muthoot Microfin Ltd's stock price is currently at Rs 167.30, reflecting a decrease of Rs 3.2 or 1.88%. The stock has underperformed its sector by 0.96% today and has experienced a trend reversal, falling after three consecutive days of gains. It touched an intraday low of Rs 165.9, indicating a decline of 2.7%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown strong long-term fundamental strength with a 45.40% CAGR growth in net sales; however, it has also reported a significant decline in net sales of 18.47% and negative results for the last three consecutive quarters, which has negatively impacted investor sentiment.
In the broader market context, Muthoot Microfin's short-term performance has been relatively strong, with a 1-week return of 8.57%, while the benchmark Sensex has declined by 1.12% during the same period. However, the stock has underperformed over the past year, generating a return of -31.24% compared to the Sensex's 3.26%. This underperformance, coupled with a high institutional holding of 27.79% and a very expensive valuation reflected in a Price to Book Value of 1.1, suggests that while there is some investor interest, the overall financial health of the company is raising concerns, leading to its current price decline.