Why is IDBI Bank falling/rising?

As of 30-Jul, IDBI Bank Ltd. has seen its stock price rise to 94.10, reflecting an increase of 1.1 or 1.18%. The stock has been gaining momentum, with a consecutive gain over the last two days resulting in a total return of 1.95%. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week decline of 3.44% and a 1-month drop of 9.02%. However, it is noteworthy that the bank has a high Capital Adequacy Ratio of 18.53%, indicating strong buffers against risk, and its net profit has grown at an annual rate of 23.50%. The stock's valuation appears attractive, trading at a Price to Book Value of 1.6, and while it has generated a negative return of -9.68% over the past year, its profits have increased by 27.3%, contributing to a PEG ratio of 0.5.
In the broader market context, IDBI Bank's recent performance contrasts with the Sensex, which has declined by 1.50% over the past week. While the stock has outperformed its sector by 1.44% today, the falling investor participation, as indicated by a 35.81% drop in delivery volume compared to the 5-day average, raises concerns about sustained interest. The stock's liquidity remains sufficient for trading, but the mixed signals from its performance metrics suggest that while there are positive growth indicators, the overall market sentiment and recent declines may be weighing on investor confidence.