Why is Federal Bank falling/rising?

As of 01-Aug, Federal Bank Ltd's stock price is currently at Rs 195.80, reflecting a decline of Rs 7.3 or 3.59%. The stock has been on a downward trend, having underperformed its sector by 3.13% today and experiencing a consecutive fall over the last six days, resulting in an overall drop of 8.03% during this period. Additionally, the stock has touched an intraday low of Rs 194.85 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong long-term fundamental strength characterized by a 21.30% CAGR growth in net profits and a low gross NPA ratio of 1.84%, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 13.98% decrease in delivery volume against the 5-day average.
In the broader market context, Federal Bank's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 1.06% over the past week, while Federal Bank has dropped by 5.84%. This stark contrast indicates that the stock is facing challenges that are not as prevalent in the broader market. Although the company maintains high institutional holdings at 75.04%, which typically suggests confidence in its fundamentals, the recent price movements and declining trading volumes indicate a lack of retail investor interest, contributing to the stock's downward trajectory.