Why is City Union Bank falling/rising?

As of 22-Sep, City Union Bank Ltd. is experiencing a decline in its stock price, currently at Rs 206.35, down by Rs 5.55 or 2.62%. Today's performance indicates that the stock has underperformed its sector by 2.42% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 205.75, reflecting a decrease of 2.9%. Over the past week, the stock has shown a slight decline of 0.19%, and over the past month, it has decreased by 2.50%. Despite this recent downturn, the stock has demonstrated strong long-term growth, with a year-to-date increase of 19.59% and a one-year return of 23.12%. The bank's solid fundamentals, including a low Gross NPA ratio of 2.99%, a high Capital Adequacy Ratio of 21.32%, and consistent positive quarterly results, suggest that the stock remains a hold despite the current price drop.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month. While City Union Bank has outperformed the market over the past year, the recent short-term declines indicate a divergence from the overall market trend. The stock's liquidity remains healthy, with rising investor participation noted in the delivery volume, which has increased by 3.71% against the five-day average. However, the stock's inability to maintain upward momentum in the short term, despite its strong fundamentals and institutional support, may be contributing to the current price decline.