Why is Federal Bank falling/rising?

As of 25-Aug, Federal Bank Ltd's stock price is currently at 195.00, reflecting a decline of 1.45, or 0.74%. The stock has underperformed its sector by 0.71% today and has experienced a consecutive fall over the last two days, resulting in a total drop of 2.4%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent performance metrics show that the stock has declined by 6.23% over the past month and 2.45% year-to-date, while the Sensex has shown positive returns in these periods. Despite strong lending practices and a low Gross NPA ratio of 1.91%, negative financial results reported for June, including a significant drop in profit before tax and profit after tax, have contributed to the stock's downward movement.
In the broader market context, Federal Bank's short-term performance has been weaker than the benchmark, with a 1-week return of -0.48% compared to the Sensex's gain of 0.45%. This underperformance is compounded by a notable decrease in investor participation, with delivery volume falling by 63.31% against the 5-day average. While the bank maintains strong long-term fundamentals, including a 20.15% CAGR growth in net profits and high institutional holdings, the current valuation appears expensive with a Price to Book Value of 1.4. Overall, the combination of poor recent financial results and declining investor interest has led to the stock's current downward trajectory.