Why is DCB Bank falling/rising?

As of 22-Aug, DCB Bank Ltd. is experiencing a slight decline in its stock price, currently at 122.15, reflecting a decrease of 0.25 or 0.2%. The stock has underperformed in the past month with a return of -14.13%, while the benchmark Sensex has only declined by 1.07%. Despite this recent downturn, today's performance indicates that DCB Bank has outperformed its sector by 0.87%. However, it is trading below its moving averages across various time frames, which may signal weakness. On a positive note, the bank has shown strong lending practices with a low Gross NPA ratio of 2.98%, and it has reported positive results for the last three consecutive quarters, contributing to a robust return on assets and attractive valuation metrics.
In the broader market context, DCB Bank's recent performance contrasts with the Sensex, which has seen a modest increase of 0.88% over the past week. The stock's liquidity appears adequate, with a delivery volume increase of 10.7% compared to the five-day average, suggesting rising investor participation. Additionally, high institutional holdings at 43.49% indicate confidence from larger investors, who have increased their stake by 4.67% in the previous quarter. This institutional backing may provide some stability, but the stock's overall negative return over the past year and its current trading below moving averages could be contributing to the downward pressure on its price.