Why is IDBI Bank falling/rising?

As of 07-Jul, IDBI Bank Ltd. is currently priced at 101.25, reflecting a slight increase of 0.25 (0.25%). The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent drop in delivery volume, which fell by 67.87% against the 5-day average, the stock has outperformed its sector by 0.53% today. Over the past week, IDBI Bank has experienced a decline of 2.11%, while it has generated a positive return of 19.41% over the past year, significantly outperforming the BSE500 index during the same period. The bank's strong fundamentals, including a high Capital Adequacy Ratio of 18.29%, consistent net profit growth, and positive quarterly results, contribute to its fair valuation and support the recent price movement.
In the broader market context, IDBI Bank's short-term performance has lagged behind the benchmark, with a 1-week return of -2.11% compared to the Sensex's -0.20%. However, the stock's long-term performance remains robust, with a year-to-date increase of 32.35% compared to the Sensex's 6.79%. This indicates that while the stock may be facing short-term challenges, its overall trajectory remains positive, driven by strong financial metrics and consistent returns over the past three years.