Why is City Union Bank falling/rising?

As of 26-Aug, City Union Bank Ltd. is experiencing a decline in its stock price, currently at Rs 202.60, which reflects a decrease of Rs 1.55 or 0.76%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 6.4% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 17.42% and a one-year return of 20.85%. The bank's fundamentals remain solid, supported by a low Gross NPA ratio of 2.99%, a high Capital Adequacy Ratio of 21.32%, and consistent net profit growth of 21.24% annually. Additionally, institutional holdings have increased, indicating confidence from larger investors.
In the broader market context, City Union Bank's short-term performance has been less favorable compared to the benchmark, as it has declined by 4.97% over the past week while the Sensex has only dropped by 1.05%. This underperformance in the short term contrasts with the bank's ability to outperform the sector by 0.38% today. The overall market has faced challenges, with the BSE500 index showing negative returns of 3.87% over the past year, while City Union Bank has managed to achieve positive returns, highlighting its resilience despite recent price movements.