Why is Bank Of Baroda falling/rising?

As of 18-Jul, Bank Of Baroda's stock price is currently at 244.10, reflecting a decrease of 2.15, or 0.87%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.99% during this period. Despite this recent drop, the stock has shown positive performance over the past week and month, with returns of 2.91% and 3.34%, respectively. It is noteworthy that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. However, there has been a decline in investor participation, as evidenced by a 15.66% drop in delivery volume compared to the 5-day average. The company boasts a high dividend yield of 3.39%, which may attract some investors despite the recent price decline.
In the broader market context, Bank Of Baroda's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.90% over the past week. While the stock has underperformed on a year-to-date basis with a return of 1.50% compared to the Sensex's 4.63%, it has demonstrated strong long-term fundamentals, including a low Gross NPA ratio of 2.26% and a significant 104.60% CAGR growth in net profits. The stock's valuation appears attractive with a Price to Book Value of 0.9 and a PEG ratio of 0.6, suggesting that it may be undervalued relative to its earnings growth. High institutional holdings at 27.14% further indicate confidence in the company's fundamentals, which could support the stock's recovery in the future.