Why is IDBI Bank falling/rising?

As of 25-Aug, IDBI Bank Ltd. is currently priced at 94.57, reflecting a decrease of 0.43, or 0.45%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 3.11%. Despite this short-term downturn, the stock has shown strong performance over the past week with a return of 7.10% and a year-to-date increase of 23.62%. The bank's high Capital Adequacy Ratio of 18.53% and a healthy annual net profit growth rate of 23.50% indicate solid fundamentals, although the stock is currently trading at a discount compared to its peers, which may suggest a potential for recovery.
In the broader market context, IDBI Bank's recent performance contrasts with the Sensex, which has only increased by 0.45% over the past week. This indicates that while IDBI Bank has outperformed the benchmark in the short term, its recent price drop suggests specific challenges that may be affecting investor sentiment. The rising investor participation, as evidenced by a significant increase in delivery volume, could signal confidence in the stock's long-term potential despite its current decline. Overall, while the stock has faced recent pressures, its strong fundamentals and attractive valuation metrics suggest that it may be poised for a rebound.