Why is I O B falling/rising?

As of 23-Sep, Indian Overseas Bank's stock price is currently at 39.66, reflecting a decrease of 0.17, or 0.43%. The stock has underperformed its sector by 1.49% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 3.22%. In terms of returns, the stock has seen a 1-week decline of 1.10% and a year-to-date drop of 23.21%, although it has shown a positive trend over the past month with a return of 4.23%. Despite these recent challenges, the bank maintains strong lending practices with a low Gross NPA ratio of 1.97% and has demonstrated robust long-term growth, with net profits increasing at a compound annual growth rate (CAGR) of 19.82%. The company has also reported positive results for the last 22 consecutive quarters, which supports its fundamental strength.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has only declined by 0.34% over the same week. This underperformance is further highlighted by a significant drop in investor participation, with delivery volume falling by 62.57% compared to the 5-day average, indicating reduced trading interest. While the stock remains liquid enough for trading, the recent price movements suggest a cautious sentiment among investors, despite the company's strong fundamentals and consistent profit growth.