Why is Dhanlaxmi Bank falling/rising?

As of 19-Jun, Dhanlaxmi Bank Ltd's stock price is currently at Rs 27.95, reflecting a decline of Rs 1.1 or 3.79%. The stock has been on a downward trend, having fallen for the last eight consecutive days, resulting in a total drop of 13.47% during this period. It has underperformed its sector by 3.7% today and reached an intraday low of Rs 27.28. Over the past week, the stock has decreased by 7.97%, and over the past month, it has seen a decline of 9.72%. Despite some positive indicators such as a growth in interest and improved financial results in recent quarters, the stock's performance has been negatively impacted by falling investor participation, as evidenced by a 30.18% drop in delivery volume compared to the five-day average.
In the broader market context, Dhanlaxmi Bank's short-term performance contrasts sharply with the benchmark Sensex, which has only declined by 0.40% over the past week. While the stock has shown strong long-term growth over three years at 146.26%, its year-to-date performance is notably poor at -10.62%, especially when compared to the Sensex's positive return of 4.12% in the same timeframe. The increase in institutional investor participation, which has risen by 8.2% in the last quarter, may provide some support for the stock; however, the overall negative sentiment and recent price movements indicate a challenging environment for Dhanlaxmi Bank at this time.