Why is I O B falling/rising?

As of 15-Sep, Indian Overseas Bank's stock price is currently at 39.99, reflecting an increase of 0.56, or 1.42%. The stock has shown a positive trend today, outperforming its sector by 0.9% and reversing a two-day decline. Over the past week, the stock has gained 3.07%, and over the past month, it has risen by 10.56%. Despite a year-to-date decline of 22.58%, the bank has demonstrated strong long-term fundamentals, with a consistent growth in net profits at a CAGR of 19.82% and a low Gross NPA ratio of 1.97%. The company has also reported positive results for the last 22 consecutive quarters, contributing to a favorable outlook.
In the broader market context, Indian Overseas Bank's recent performance has outpaced the Sensex, which has only increased by 1.24% over the past week. This indicates that while the stock is experiencing a positive movement, the overall market is not as strong. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 29.45% against the 5-day average, which could signal caution among investors. Overall, the stock's recent rise can be attributed to its strong fundamentals and positive quarterly results, despite the challenges reflected in its year-to-date performance and declining trading volume.