Why is Utkarsh Small F. falling/rising?

As of 24-Oct, Utkarsh Small Finance Bank Ltd's stock price is currently at Rs 21.62, reflecting an increase of Rs 3.27 or 17.82%. Today, the stock has outperformed its sector by 18.55%, reaching an intraday high of Rs 22.02, which is a 20% increase. However, it has also experienced significant volatility, with a wide trading range of Rs 4.5 and a day’s low of Rs 17.52, indicating fluctuations in investor sentiment. Despite the positive movement today, the stock has shown a negative performance over the past month, with a decline of 1.23%, and a substantial drop of 47.22% over the last year. The company has faced challenges, including negative results for the last four consecutive quarters, a low return on assets, and a high price-to-book value compared to its peers, which may contribute to investor caution.
In the broader market context, while Utkarsh Small Finance Bank has seen a short-term gain of 21.12% over the past week, this is in stark contrast to its year-to-date performance, which shows a decline of 36.41%, compared to a 7.77% increase in the benchmark index. The stock's recent rise may be attributed to its high capital adequacy ratio and healthy long-term growth in net interest income, but the overall negative sentiment stemming from poor quarterly results and falling institutional investor participation suggests that the stock remains under pressure. The combination of these factors indicates that while there may be short-term gains, the long-term outlook remains challenging.