Why is Bandhan Bank falling/rising?

As of 01-Aug, Bandhan Bank Ltd. is experiencing a decline in its stock price, currently at Rs 163.25, which reflects a decrease of Rs 4.8 or 2.86%. The stock has been underperforming, having lost 11.45% over the last six days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline of 23.61% over the past year, while its profits have decreased by 20.2%. Despite high profitability metrics such as a net interest margin of 12.03% and a capital adequacy ratio of 18.66%, the stock's performance has been negatively impacted by falling investor participation, as evidenced by a 12.22% drop in delivery volume compared to the five-day average.
In the broader market context, Bandhan Bank's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 1.06% over the past week. The stock's year-to-date return of 2.67% is slightly below the Sensex's 3.15%, highlighting its relative weakness. While there are positive signs such as rising promoter confidence with a 0.94% increase in their stake, the overall market sentiment and recent performance trends suggest that investors are cautious, leading to the stock's current downward trajectory.