Why is City Union Bank falling/rising?

As of 24-Jul, City Union Bank Ltd. is experiencing a decline in its stock price, currently at Rs 209.75, which reflects a decrease of Rs 4.15 or 1.94%. Today's price summary indicates that the stock underperformed its sector by 1.39%, with an intraday low of Rs 208.25, representing a drop of 2.64%. Despite a strong performance over the past month with an increase of 8.29%, the stock has seen a decline of 2.94% over the past week. The bank has demonstrated high management efficiency with a return on assets (ROA) of 1.36% and a robust capital adequacy ratio of 20.98%. However, the stock's valuation appears expensive with a price-to-book ratio of 1.6, and while it has shown healthy long-term growth, the recent drop in delivery volume by 32.93% against the 5-day average suggests a decrease in investor participation.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only decreased by 0.09% over the past week. While City Union Bank has outperformed the market significantly over the past year with a return of 30.52% compared to the Sensex's 2.54%, the short-term decline may reflect market corrections or profit-taking by investors. The high institutional holdings at 62.61% indicate confidence from larger investors, but the recent drop in trading volume could signal caution among retail investors. Overall, while the bank has strong fundamentals and positive growth indicators, the current price movement reflects a combination of short-term market pressures and reduced trading activity.