Why is Axis Bank falling/rising?

As of 21-Jul, Axis Bank Ltd. is currently priced at 1,101.20, reflecting a rise of 2.1 points or 0.19%. The stock has recently shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed its sector by 1.64% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 6.16%, and in the last month, it has fallen by 9.75%. Despite these short-term challenges, the company has demonstrated strong long-term fundamental strength, with a significant 80.38% compound annual growth rate (CAGR) in net profits and a low gross non-performing asset (NPA) ratio of 1.57%.
In the broader market context, Axis Bank's recent performance contrasts with the benchmark Sensex, which has seen a minimal decline of only 0.06% over the past week. While the stock has generated a negative return of 14.77% over the last year, it has still shown a positive year-to-date return of 3.07%, albeit lower than the Sensex's 5.20%. The high institutional holdings at 85.02% suggest confidence from larger investors, which may provide some stability. However, the stock's recent underperformance, particularly in the long term, raises concerns, especially given that its profits have only risen by 4.2% despite the significant drop in stock value.