Why is Bandhan Bank falling/rising?

As of 01-Sep, Bandhan Bank Ltd. is currently priced at 161.35, reflecting a decline of 0.55, or 0.34%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total return of -8.74% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite high profitability metrics such as a net interest margin of 12.03% and a capital adequacy ratio of 18.66%, the company has faced negative results over the last three quarters, with significant declines in profit before tax and profit after tax. Furthermore, the stock has generated a return of -19.61% over the past year, which is compounded by a high gross NPA of 4.96%, contributing to investor concerns.
In the broader market context, Bandhan Bank's performance has been notably weaker compared to the benchmark, with a 1-week return of -5.86% against the Sensex's -1.56%, and a 1-year return of -19.61% compared to the Sensex's -2.43%. This consistent underperformance over the last three years has raised red flags for investors, despite some positive indicators such as rising promoter confidence, with a 0.94% increase in their stake. However, the overall sentiment remains cautious due to the company's recent financial struggles and declining investor participation, as evidenced by a 17.74% drop in delivery volume against the 5-day average.