Why is Bandhan Bank falling/rising?

As of 05-Aug, Bandhan Bank Ltd. is experiencing a decline in its stock price, currently at Rs 165.90, which reflects a decrease of Rs 2.2 or 1.31%. The stock has underperformed its sector by 0.75% today and reached an intraday low of Rs 164.6, indicating a negative sentiment among investors. Over the past week, the stock has dropped by 4.27%, and it has also seen a significant decline of 17.93% over the past year, while its profits have decreased by 20.2%. Despite a high Net Interest Margin of 12.03% and a strong Capital Adequacy Ratio of 18.66%, the stock's performance is hindered by falling investor participation, as evidenced by a 22.89% drop in delivery volume compared to the 5-day average. Additionally, while the stock is trading at a discount compared to its peers, the recent negative returns suggest a lack of confidence among investors. In the broader market context, Bandhan Bank's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.77% over the past week. This underperformance highlights the challenges the bank faces in regaining investor confidence, despite the recent increase in promoter stake, which indicates some level of confidence in the company's future. The stock's liquidity remains adequate for trading, but the overall negative trends in both stock performance and investor engagement suggest a cautious outlook for Bandhan Bank in the current market environment.