Why is Paisalo Digital falling/rising?

As of 30-Jun, Paisalo Digital Ltd's stock price is currently at 31.54, reflecting a decrease of 0.16, or 0.5%. The stock has recently underperformed its sector by 1.02% and has experienced a trend reversal, falling after four consecutive days of gains. In terms of returns, the stock has shown a 6.70% increase over the past week and a 3.27% increase over the past month. However, it has significantly underperformed over the longer term, with a 57.48% decline over the past year. The company has strong long-term fundamentals, evidenced by a 20.90% CAGR growth in operating profits and a favorable valuation with a Price to Book Value of 1.9. Nonetheless, the stock's performance is hindered by a high debt-equity ratio of 2.32 times and a notable 28.43% of promoter shares being pledged, which adds downward pressure in a falling market.
In the broader market context, while the Sensex has gained 2.09% over the past week and 2.65% over the past month, Paisalo Digital's short-term performance has outpaced the benchmark, indicating some investor interest. However, the stock's year-to-date performance is concerning, with a decline of 36.67% compared to the Sensex's 7.00% increase. This disparity highlights the challenges faced by Paisalo Digital in maintaining investor confidence, especially given its recent flat results and the increased proportion of pledged promoter shares, which could further impact its stock price negatively.