Why is Central Bank falling/rising?

As of 16-Jul, Central Bank of India is currently priced at 38.55, reflecting an increase of 0.23, or 0.6%. The stock has recently shown a trend reversal, gaining after four consecutive days of decline. Despite this uptick, it has underperformed its sector by 1.22% today. Over the past week, the stock has declined by 2.16%, while it has seen a modest increase of 1.50% over the past month. The stock's long-term fundamentals remain strong, with a notable 39.99% compound annual growth rate (CAGR) in net profits, although it has faced significant challenges, including a 40.72% decline in returns over the past year. Additionally, institutional investors have increased their stake, indicating growing confidence in the stock despite its recent underperformance.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex declining by only 1.08% over the same week. While the stock has shown some resilience with rising investor participation, as evidenced by a 52.84% increase in delivery volume, it still trades at a discount compared to its peers. The stock's valuation appears attractive, with a price-to-book ratio of 1 and a low PEG ratio of 0.2, suggesting potential for recovery. However, the flat results reported in March, including the lowest net interest income and operating profit margins, continue to weigh heavily on investor sentiment, contributing to the stock's overall volatility and underperformance relative to the market.