Why is Paisalo Digital falling/rising?

As of 24-Sep, Paisalo Digital Ltd's stock price is currently at 39.45, reflecting a decrease of 0.68, or 1.69%. The stock has underperformed its sector by 1.63% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.25%, but it has experienced a significant decline of 35.80% over the past year. While the company has demonstrated strong long-term fundamental strength with a 21.63% CAGR growth in operating profits, the high debt-equity ratio of 2.32 times and a recent decline in PAT by 5.5% have raised concerns among investors. Additionally, the fact that 26.18% of promoter shares are pledged adds further downward pressure on the stock in a falling market.
In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, while Paisalo Digital's performance has been relatively better in that timeframe. However, the stock's year-to-date performance shows a decline of 20.78%, contrasting with the Sensex's gain of 4.58%. This underperformance is notable, especially given that the stock's negative return over the past year is significantly worse than the broader market's decline of 5.32%. The combination of high promoter pledging, a weak quarterly performance, and a substantial year-over-year decline in stock value suggests that investor sentiment remains cautious, contributing to the stock's current downward movement.