Why is Axis Bank falling/rising?

As of 28-Aug, Axis Bank Ltd. is currently priced at 1,055.00, reflecting an increase of 4.85 (0.46%). The stock has outperformed its sector today by 1.7%, despite trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 2.12%, while its performance over the last month shows a decrease of 1.71%. Notably, the company has demonstrated strong lending practices with a low Gross NPA ratio of 1.57% and a significant long-term fundamental strength, evidenced by an 80.38% CAGR growth in net profits. However, the stock has generated a return of -9.88% over the past year, indicating some underlying weaknesses despite its positive growth metrics.
In the broader market context, Axis Bank's short-term performance has been relatively better than the benchmark Sensex, which has declined by 2.34% over the same week. While the stock has high institutional holdings at 85.02%, suggesting confidence from larger investors, it has also faced challenges such as below-par performance in both the long and near term. The stock's negative returns over the past year and its underperformance against the BSE500 in recent periods highlight the mixed sentiment surrounding it. Overall, while there are positive indicators such as strong profit growth and rising investor participation, the stock's recent movements reflect a complex interplay of strengths and weaknesses that investors must navigate.