Why is City Union Bank falling/rising?

As of 18-Sep, City Union Bank Ltd. has experienced a price increase, currently trading at Rs 207.50, reflecting a rise of 4.05 or 1.99%. The stock has shown a positive trend today, outperforming its sector by 1.39% after two consecutive days of decline. It reached an intraday high of Rs 208.5, indicating a recovery phase. Over the past week, the stock has gained 2.34%, although it has seen a decline of 3.04% over the past month. The bank's strong fundamentals, including a low Gross NPA ratio of 2.99% and a high Capital Adequacy Ratio of 21.32%, contribute positively to investor sentiment. Additionally, the company has reported positive results for the last four consecutive quarters, which supports its healthy long-term growth prospects.
In the broader market context, City Union Bank's recent performance has outpaced the benchmark Sensex, which has increased by 1.80% over the past week. Despite a year-to-date return of 20.25% for the bank, it has underperformed against the benchmark over the last three years, where the Sensex has gained 41.08%. The stock's ability to generate a return of 23.48% over the past year, while the broader market has seen negative returns, highlights its resilience. However, a notable decline in investor participation, with delivery volume dropping by 44.16% against the five-day average, may raise concerns about future momentum.