Why is Paisalo Digital falling/rising?

As of 29-Sep, Paisalo Digital Ltd is currently priced at 36.87, reflecting a decline of 1.12, or 2.95%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total drop of 8.12% during this period. Despite opening with a gain of 2.58% today and reaching an intraday high of Rs 38.97, it also touched a low of Rs 36.42. Over the past week, the stock has decreased by 4.28%, significantly underperforming the Sensex, which fell by only 2.18%. The stock's year-to-date performance shows a decline of 25.96%, while its one-year return is down by 39.70%. The company's fundamentals indicate strong long-term growth potential, with a 21.63% CAGR in operating profits, but it also faces challenges such as a high debt-equity ratio and a significant portion of promoter shares being pledged, which may contribute to downward pressure on the stock price.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark. While the Sensex has shown a modest gain of 2.85% year-to-date, Paisalo Digital's substantial decline of 25.96% highlights its underperformance. The stock's negative returns over the past year are particularly concerning, as it has fallen much more than the broader market's decline of 6.08%. This underperformance, coupled with falling investor participation and liquidity issues, suggests that market sentiment is currently unfavorable for Paisalo Digital, further exacerbating its price decline.