Why is Central Bank falling/rising?

As of 02-Jul, the Central Bank of India is currently priced at 39.97, reflecting a decline of 0.51 or 1.26%. The stock has recently underperformed its sector by 0.38% and has experienced a trend reversal, falling after three consecutive days of gains. Despite a positive short-term return of 3.02% over the past week, the stock has a negative return of 1.26% over the past month and a significant decline of 36.10% over the past year. However, it is noteworthy that the stock has shown strong long-term fundamental strength, with a compound annual growth rate (CAGR) of 39.99% in net profits, and a PEG ratio of 0.2 indicates it is trading at a discount compared to its peers. Additionally, institutional investors have increased their stake in the company, which may provide some support for the stock's valuation.
In the broader market context, the Central Bank of India has underperformed compared to the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. The stock's year-to-date performance is particularly concerning, with a decline of 25.00% compared to a 6.75% increase in the benchmark index. While the stock has shown rising investor participation, with delivery volume increasing significantly, the overall market sentiment appears to be cautious, contributing to the stock's recent price decline.