Why is DCB Bank falling/rising?

As of 11-Aug, DCB Bank Ltd. is currently priced at Rs 124.80, reflecting a decrease of Rs 1.95 or 1.54%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 7.69% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 5.81%, while over the past month, it has decreased by 12.17%. Despite these short-term challenges, the bank has demonstrated strong fundamentals, including a low Gross NPA ratio of 2.98% and positive quarterly results, which may suggest a hold strategy for investors.
In the broader market context, DCB Bank's recent performance contrasts with the Sensex, which has only declined by 0.51% over the past week and 2.30% over the past month. This indicates that the bank is underperforming relative to the market. While the stock has generated a return of 5.05% over the past year, its recent struggles may be attributed to falling investor participation, as evidenced by a significant drop in delivery volume. However, the high institutional holdings at 43.49% and their increased stake suggest that knowledgeable investors still see potential in the bank's fundamentals, which could provide some support against the recent price decline.