Why is I O B falling/rising?

As of 07-Jul, Indian Overseas Bank's stock price is currently at 39.90, reflecting a slight decrease of -0.01 or -0.03%. Despite this minor decline, the stock has shown a positive performance over the past week, with a return of +2.33%, outperforming the Sensex, which has decreased by -0.20%. However, the stock has underperformed over the longer term, with a year-to-date decline of -22.75% compared to the Sensex's gain of +6.79%. Today's trading volume indicates a significant drop in investor participation, with delivery volume falling by -68.59% against the 5-day average. On a positive note, the company has demonstrated strong long-term fundamental strength, with a 19.02% CAGR growth in net profits and a consistent record of positive results for the last 21 quarters.
In the broader market context, while the stock has outperformed the sector today, it has significantly lagged behind the market over the past year, generating a return of -36.63% compared to the BSE500's gain of +1.74%. This underperformance highlights the challenges faced by Indian Overseas Bank despite its healthy fundamentals, such as low gross and net NPA ratios and increasing institutional investor participation, which rose by 1.49% in the previous quarter. The stock's current trading at a discount relative to its peers may suggest potential for recovery, but the recent trends in investor participation and overall market performance indicate a cautious outlook.