Why is Paisalo Digital falling/rising?

As of 25-Jul, Paisalo Digital Ltd is experiencing a decline in its stock price, currently at Rs 32.55, which reflects a decrease of Rs 2.87 or 8.1%. Today's price summary indicates that the stock has underperformed its sector by 5.98% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 32.32, showcasing high volatility with an intraday fluctuation of 8.03%. Over the past week, the stock has shown a positive return of 4.39%, but it has significantly underperformed on a year-to-date basis with a decline of 34.64%. Despite these recent challenges, the company has strong long-term fundamentals, evidenced by a 21.63% CAGR growth in operating profits and a PEG ratio of 1.2, suggesting that it is trading at a fair value compared to its peers.
In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, indicating that the overall market sentiment is somewhat negative. While Paisalo Digital's recent performance has been better than the benchmark in the short term, its year-to-date performance remains significantly worse than the Sensex, which has gained 4.25% this year. The finance/NBFC sector has also seen a decline of 2.13%, contributing to the downward pressure on Paisalo Digital's stock price. Despite rising investor participation, as indicated by a 134.16% increase in delivery volume, the stock's current volatility and recent price movements suggest a challenging environment for investors.