Why is I O B falling/rising?

As of 02-Jul, Indian Overseas Bank's stock price is currently at 39.83, reflecting a decrease of 0.1, or 0.25%. The stock has recently outperformed its sector by 0.63%, but it has experienced a trend reversal after three consecutive days of gains. In terms of returns, the stock has shown a 4.29% increase over the past week, while it has declined by 5.35% over the last month and 22.88% year-to-date. Despite these short-term fluctuations, the company has demonstrated strong long-term fundamentals, with a 19.02% compound annual growth rate in net profits and positive results for the last 21 consecutive quarters. However, the stock has underperformed the market significantly over the past year, generating a return of -36.97% compared to the benchmark's 5.00%.
In the broader market context, while the Sensex has increased by 0.79% over the past week and 2.50% over the last month, Indian Overseas Bank's recent performance indicates a struggle to keep pace with the market. The stock's liquidity remains adequate, and there is rising investor participation, particularly from institutional investors who have increased their stake. However, the stock's significant underperformance over the past year, despite a rise in profits, suggests that investor sentiment may be cautious. The stock is trading at a discount compared to its peers, which could indicate potential for recovery, but the current negative returns highlight ongoing challenges in gaining investor confidence.