Why is City Union Bank falling/rising?

As of 08-Jul, City Union Bank Ltd. is currently priced at 215.50, reflecting a decrease of 2.7, or 1.24%. The stock has underperformed its sector by 1.95% today and has experienced a trend reversal, falling after two consecutive days of gains. It reached an intraday low of Rs 213.45, indicating a decline of 2.18%. Over the past week, the stock has seen a return of -6.45%, while its performance over the last month has been positive at +6.76%. Despite the recent downturn, the bank has demonstrated strong fundamentals, including a high return on assets (ROA) of 1.47%, a robust capital adequacy ratio of 20.98%, and consistent net profit growth of 18.73% annually. However, the stock's valuation appears expensive with a price-to-book ratio of 1.7, and its recent profit growth of 10.6% contrasts with its significant stock return of 30.61% over the past year.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, while City Union Bank's performance has lagged behind, indicating a divergence from the benchmark. The stock's year-to-date return of 24.89% still outpaces the Sensex's 7.13%, reflecting its strong long-term growth potential. However, the recent drop in investor participation, with delivery volume falling by 61.26% against the five-day average, may signal waning interest among investors, contributing to the stock's current decline. Overall, while City Union Bank has strong fundamentals and a history of positive performance, its recent price movement reflects a combination of short-term volatility and investor sentiment.