Why is City Union Bank falling/rising?

As of 17-Sep, City Union Bank Ltd. is currently priced at 203.45, reflecting a decrease of 0.6, or 0.29%. The stock has underperformed its sector today by 0.48% and has experienced a consecutive decline over the last two days, totaling a drop of 1.6%. In terms of returns, the stock has shown a mixed performance: it has gained 17.91% year-to-date and 19.19% over the past year, despite a 3.72% decline in the past month. The bank's strong lending practices, indicated by a low Gross NPA ratio of 2.99% and a high Capital Adequacy Ratio of 21.32%, suggest a solid foundation. Additionally, the company has reported positive results for the last four consecutive quarters, which may support investor confidence, although the recent price movement indicates some short-term challenges.
Broader market context shows that the stock's performance has lagged behind the benchmark, with the Sensex gaining 1.56% over the past week while City Union Bank only increased by 0.30%. The stock's recent underperformance, coupled with a significant rise in delivery volume, suggests that while there is interest in the stock, it may not be translating into immediate price gains. The broader market has been more favorable, with the BSE500 generating negative returns of -2.63% over the last year, yet City Union Bank has managed to outperform this benchmark significantly. This context highlights the stock's potential resilience despite its current price decline.