Why is Muthoot Microfin falling/rising?

As of 28-Jul, Muthoot Microfin Ltd's stock price is currently at Rs 164.40, reflecting a decrease of Rs 4.9 or 2.89%. The stock has been underperforming, having lost 6.06% over the last three days and underperformed its sector by 1.52% today. The stock's performance over the past week shows a decline of 1.17%, while it has seen a significant increase of 17.47% over the past month. However, the company has reported negative results for the last three consecutive quarters, including a substantial fall in net sales by 18.47%. This has contributed to a return of -32.84% over the past year, indicating a much steeper decline compared to the broader market's negative return of -2.52%. The company's high institutional holdings at 25.89% suggest that these investors are aware of the company's fundamental weaknesses, which may be influencing the stock's downward trend.
In the broader market context, Muthoot Microfin's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has seen a decline of 1.59% over the past week. Despite a strong long-term growth rate in net sales at 45.40% CAGR, the company's current financial struggles, including a negative operating profit to interest ratio and a return on equity of -8.5, have led to a perception of the stock as overvalued. The liquidity of the stock remains adequate for trading, but the falling investor participation, evidenced by a 19.79% drop in delivery volume, indicates waning interest. Overall, the combination of negative financial results and poor recent performance relative to the market is contributing to the stock's decline.