Why is Paisalo Digital falling/rising?

As of 27-Jun, Paisalo Digital Ltd's stock price is currently at 31.70, reflecting an increase of 0.15, or 0.48%. The stock has shown a positive trend recently, gaining 7.24% over the last four days and outperforming its sector by 0.39% today. However, despite this short-term gain, the stock has experienced a significant decline of 57.97% over the past year, indicating a challenging long-term performance. The company has strong long-term fundamental strength, with a 20.90% CAGR growth in operating profits and a favorable valuation with a Price to Book Value of 1.9. Nonetheless, the high debt-equity ratio of 2.32 times and the fact that 28.43% of promoter shares are pledged may contribute to investor concerns, especially in a falling market.
In the broader market context, Paisalo Digital's recent performance has outpaced the Sensex, which has only risen by 2.00% over the past week, while the stock itself has increased by 5.07%. Despite this short-term outperformance, the stock's year-to-date return is down 36.35%, contrasting sharply with the Sensex's gain of 7.58%. The overall market sentiment may be influenced by the company's underperformance in the long term, as it has lagged behind the BSE 500 in returns over the last three years, one year, and three months. This combination of factors suggests that while there is some positive momentum in the short term, significant concerns remain regarding the stock's long-term viability and market perception.