Why is Axis Bank falling/rising?

As of 23-Jul, Axis Bank Ltd. is currently priced at 1,105.15, reflecting an increase of 7.1 points or 0.65%. Despite this slight uptick, the stock has shown a negative performance over the past week and month, with declines of 5.36% and 9.00%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 20.57% compared to the 5-day average. While the company has strong lending practices and a low Gross NPA ratio of 1.57%, the stock has underperformed in the long term, generating a return of -12.50% over the past year, despite a 4.2% increase in profits. In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with Axis Bank's decline. The stock's performance has lagged behind the benchmark indices over various periods, including a 12.50% drop in the last year compared to the Sensex's 2.86% gain. Although the company has strong fundamentals, including high institutional holdings and a fair valuation, the negative factors such as the highest Gross NPA and low profit before tax have contributed to a perception of underperformance. This combination of factors has led to a cautious outlook among investors, impacting the stock's price movement negatively in the short term.