Why is Paisalo Digital falling/rising?

As of 22-Jul, Paisalo Digital Ltd's stock price is currently at 31.76, reflecting an increase of 0.76 or 2.45%. The stock has shown a positive trend today, outperforming its sector by 2.66% and reversing a two-day decline. In terms of performance, the stock has gained 3.28% over the past week and 5.27% over the past month, contrasting with the Sensex, which has seen declines of 0.47% and 0.27% respectively. However, despite this recent uptick, the stock has experienced significant long-term challenges, with a year-to-date decline of 36.22% and a staggering 55.27% drop over the past year. The company's fundamentals show a strong long-term growth potential with a 20.90% CAGR in operating profits, but it also faces concerns such as a high debt-equity ratio and a notable percentage of pledged promoter shares, which could exert downward pressure on the stock.
Broader Market Context: In the short term, Paisalo Digital's performance has been favorable compared to the benchmark, as it has outperformed the Sensex over the past week and month. However, the broader market context reveals that while the stock has shown some resilience recently, it has underperformed significantly over longer periods, particularly with a 55.27% decline in the past year compared to the Sensex's modest 2.09% gain. This disparity highlights the challenges faced by Paisalo Digital in regaining investor confidence, especially given the high proportion of pledged shares and recent flat quarterly results, which may contribute to cautious sentiment among investors.