Why is IDBI Bank falling/rising?

As of 22-Jul, IDBI Bank Ltd. is experiencing a decline in its stock price, currently at Rs 95.25, which reflects a decrease of 2.0 (-2.06%). The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of -5.37% during this period. Despite this recent downturn, the stock has shown positive performance over the longer term, with a year-to-date increase of 24.51% and a 3-year return of 159.89%. The bank's strong fundamentals, including a high Capital Adequacy Ratio of 18.29% and a healthy net profit growth rate of 20.90%, suggest that the stock is trading at a fair value compared to its peers, which may support its long-term stability despite the current price drop.
In the broader market context, IDBI Bank's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.95% compared to the Sensex's -0.47%. This underperformance indicates that the stock is facing challenges relative to the overall market. However, the rising investor participation, as evidenced by an increase in delivery volume, suggests that there may be ongoing interest in the stock despite its recent declines. The liquidity of the stock remains adequate, which could provide opportunities for recovery in the future as market conditions evolve.