Why is Utkarsh Small F. falling/rising?

As of 15-Oct, Utkarsh Small Finance Bank Ltd's stock price is currently at Rs. 17.75, reflecting a decline of -0.91 (-4.88%). The stock has recently hit a new 52-week low of Rs. 17.5 and has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of -23.46% during this period. Over the past week, the stock has underperformed significantly, with a return of -20.51%, while the Sensex has gained +1.02%. The company has reported negative results for the last four consecutive quarters, with a substantial drop in profit before tax and profit after tax, which has contributed to a very expensive valuation compared to its peers. Additionally, institutional investors have reduced their stake, indicating a lack of confidence in the stock's future performance.
Broader market context shows that Utkarsh Small Finance Bank Ltd has underperformed the broader market significantly, with a year-to-date return of -47.79% compared to the Sensex's +5.72%. This stark contrast highlights the challenges the company faces in attracting investor interest, especially as it has consistently generated negative returns over the past year and has seen a decline in institutional participation. The stock's liquidity remains adequate for trading, but the overall sentiment appears to be negative, driven by poor financial performance and a lack of confidence from larger investors.