Why is Central Bank falling/rising?

As of 11-Jul, Central Bank of India is experiencing a decline in its stock price, currently at 38.49, reflecting a decrease of 0.6 or 1.53%. The stock has underperformed its sector by 1.32% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.31%. Over the past week, the stock has dropped by 2.46%, and its year-to-date performance shows a significant decline of 27.77%. Despite a strong long-term fundamental strength indicated by a 39.99% CAGR growth in net profits, the stock has generated a negative return of 39.07% over the past year, which is concerning given that its profits have risen by 48.5%. Additionally, the stock is trading at a discount compared to its peers, but recent flat results and low net interest income have negatively impacted investor sentiment.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex showing a decline of only 1.12% over the same week. While institutional investors have increased their stake by 3.87%, indicating some level of confidence, the overall market performance has been more favorable compared to Central Bank of India. The stock's liquidity remains adequate, but falling delivery volumes suggest decreasing investor participation, which could further contribute to the stock's downward pressure. Overall, the combination of poor recent financial results, significant underperformance relative to the market, and declining investor interest are key factors driving the stock's current decline.