Why is City Union Bank falling/rising?

As of 10-Jul, City Union Bank Ltd. is experiencing a decline in its stock price, currently at Rs 214.30, reflecting a decrease of Rs 3.95 or 1.81%. Today's price summary indicates that the stock has underperformed its sector by 1.37%, with an intraday low of Rs 213.65, which is a drop of 2.11%. Additionally, the stock's performance over the past week shows a decline of 1.29%, while it has performed positively over the past month with a return of 3.78%. Despite a strong annual return of 30.67%, the recent drop may be influenced by falling investor participation, as evidenced by a significant decrease in delivery volume by 49.76% compared to the 5-day average.
In the broader market context, the Sensex has shown minimal movement with a decline of only 0.06% over the past week. While City Union Bank has demonstrated strong long-term growth and high management efficiency, its current valuation appears expensive, with a Price to Book Value of 1.7. The stock's recent performance may be tempered by concerns over its valuation relative to profit growth, as its profits have only increased by 10.6% despite a robust return over the last year. This combination of factors, including high institutional holdings and a solid capital adequacy ratio, suggests that while the company has strong fundamentals, the current market sentiment may be affecting its stock price negatively.