Why is Paisalo Digital falling/rising?

As of 08-Sep, Paisalo Digital Ltd's stock price is currently at Rs 37.56, reflecting an increase of Rs 3.19 or 9.28%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 24.91% during this period. It has outperformed its sector by 8.96% today and reached an intraday high of Rs 38.38. However, despite this recent performance, the stock has a year-to-date decline of 24.58% and a one-year decline of 38.34%. The company has shown strong long-term fundamental strength with a 21.63% CAGR growth in operating profits, but it also faces challenges such as a high debt-equity ratio of 2.32 times and a significant portion of promoter shares (26.18%) being pledged, which can exert downward pressure on the stock.
In the broader market context, Paisalo Digital's short-term return of 24.78% over the past week significantly outpaces the Sensex's return of just 0.53%. While the stock has shown positive momentum recently, it has underperformed the market over the past year, where the BSE500 index has only declined by 3.07%. This stark contrast highlights the volatility and challenges faced by Paisalo Digital, particularly in light of its negative returns over longer periods, despite recent gains. The combination of strong operational growth and significant financial risks creates a complex picture for investors considering the stock's future trajectory.