Why is Federal Bank falling/rising?

As of 09-Sep, Federal Bank Ltd's stock price is currently at 191.60, reflecting an increase of 1.15, or 0.6%. Despite this uptick, the stock has underperformed in the short term, with a 1-week return of -1.01% and a 1-month return of -2.32%. Today's performance indicates that the stock has outperformed its sector by 0.54%, and there has been a notable increase in investor participation, with delivery volume rising by 105.52% compared to the 5-day average. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While the bank has strong lending practices and a low Gross NPA ratio of 1.91%, recent negative quarterly results, including a 14.6% drop in PAT, have raised concerns about its valuation, which is considered expensive relative to its peers.
In the broader market context, the Sensex has shown a positive return of +1.18% over the past week, contrasting with Federal Bank's decline. This disparity highlights the stock's struggles in a generally favorable market environment. Although the bank has demonstrated strong long-term growth with a 20.15% CAGR in net profits and high institutional holdings at 75.04%, the recent negative financial results and an expensive valuation based on its Price to Book Value ratio may be contributing to investor caution. Overall, while there are positive factors supporting the stock, the recent performance and valuation concerns suggest a challenging outlook in the current market conditions.