Why is Federal Bank falling/rising?

As of 04-Sep, Federal Bank Ltd's stock is currently priced at 189.75, reflecting a decline of 3.7 points or 1.91%. The stock has underperformed its sector today, with a consecutive fall over the last two days resulting in a total decrease of 1.96%. It reached an intraday low of Rs 188.45, and trading activity has shown that more volume occurred near this low price. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite these challenges, the bank maintains strong lending practices with a low Gross NPA ratio of 1.91% and a robust long-term growth trajectory, evidenced by a 20.15% CAGR in net profits, which may provide some support for the stock's valuation.
In the broader market context, Federal Bank's short-term performance has been notably weaker compared to the benchmark Sensex, which has gained 0.80% over the past week while the bank's stock has declined by 1.48%. This underperformance is compounded by a year-to-date decline of 5.08% for Federal Bank, contrasting with the Sensex's increase of 3.30%. The rising investor participation, indicated by an 83.04% increase in delivery volume, suggests that there is still interest in the stock despite its recent price decline. However, the overall market sentiment appears to be more favorable towards the benchmark, which may be influencing the stock's downward movement.