Why is Axis Bank falling/rising?

As of 08-Sep, Axis Bank Ltd. is currently priced at 1,057.45, reflecting a slight increase of 1.25 (0.12%). The stock has been gaining for the last two days, with a total return of 0.58% during this period. However, over the past week, it has experienced a decline of 0.37%, and year-to-date, it is down by 1.03%. Despite a strong long-term fundamental strength indicated by an 80.38% CAGR growth in net profits and a low gross NPA ratio of 1.57%, the stock has underperformed in the short term, generating a return of -8.77% over the past year. Additionally, the stock's delivery volume has fallen significantly, indicating a decrease in investor participation, which may contribute to the subdued price movement.
In the broader market context, the Sensex has shown a positive return of 0.53% over the past week and a 3.39% increase year-to-date, suggesting that the overall market is performing better than Axis Bank. This underperformance relative to the benchmark may be influencing investor sentiment negatively. Furthermore, while the stock is trading at a discount compared to its peers, the high institutional holdings at 85.02% indicate a level of confidence among larger investors. However, the stock's recent price movements and declining delivery volumes suggest that retail investor interest may be waning, contributing to its current price dynamics.