Why is Paisalo Digital falling/rising?

As of 14-Nov, Paisalo Digital Ltd's stock price is currently at 34.36, reflecting an increase of 0.9, or 2.69%. The stock has been gaining for the last three days, resulting in a total return of 5.5% during this period. Despite this recent uptick, the stock has underperformed significantly over the longer term, with a decline of 20.09% over the past year and a 31.00% drop year-to-date. Positive factors contributing to the recent rise include strong long-term fundamental strength, with a 21.96% CAGR growth in operating profits, and high institutional holdings at 28.57%, which have increased by 10.14% over the previous quarter. However, the stock's flat results in September and consistent underperformance against benchmarks over the last three years present challenges.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by 4.66% over the past week while the Sensex has gained 1.62%. This underperformance is indicative of the stock's struggles relative to the market, despite the recent positive momentum. The stock's trading at a discount compared to its peers' average historical valuations may attract some investors, but the overall trend suggests caution due to its historical underperformance and flat results.