Why is Dhanlaxmi Bank falling/rising?

As of 02-Sep, Dhanlaxmi Bank Ltd's stock price is currently at 25.20, reflecting an increase of 0.2, or 0.8%. The stock has shown a trend reversal by gaining after five consecutive days of decline, outperforming its sector by 1.57%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 19.41% and a one-year drop of 34.66%, the company has reported very positive results in recent quarters, with a significant growth in profit after tax and net interest income, indicating strong financial health. The stock is currently trading at a discount compared to its peers, which may attract investors despite its recent underperformance.
In the broader market context, Dhanlaxmi Bank's short-term performance has been notably worse than the benchmark, with a one-week return of -3.96% compared to the Sensex's -0.78%. This underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, suggesting a lack of confidence among institutional investors. While the stock has shown some positive movements today, the overall trend remains concerning given its significant decline over the past year, which contrasts sharply with the market's lesser decline of -4.82%.