Why is CSB Bank falling/rising?

As of 22-Sep, CSB Bank Ltd is currently priced at 347.55, reflecting a decrease of 2.75, or 0.79%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.39% over the past week. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 33.25% compared to the 5-day average, suggesting reduced investor participation. Despite these challenges, the bank maintains a high Capital Adequacy Ratio of 22.23%, strong long-term growth in Net Interest Income, and a positive return on assets, which could provide some support for the stock's valuation.
In the broader market context, CSB Bank's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.46% over the past week. While the stock has generated a return of 7.93% over the past year, it has underperformed in the short term compared to the market, which has seen negative returns of -3.80% in the same period. The stock's premium valuation compared to peers and high institutional holdings may indicate confidence in its fundamentals, but the recent price movements suggest that market sentiment is currently unfavorable, leading to the observed decline.