Why is IndusInd Bank falling/rising?

As of 25-Aug, IndusInd Bank Ltd. is experiencing a price increase, currently at 772.00, reflecting a rise of 12.05 or 1.59%. Today's performance indicates that the stock has outperformed its sector by 1.62% and has gained after four consecutive days of decline. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -44.40%, and its profits have significantly decreased by -86.9%. While the bank boasts a high management efficiency with a return on assets (ROA) of 1.63% and a solid capital adequacy ratio of 16.39%, the negative factors, including a high gross non-performing assets (NPA) ratio of 3.64% and a consistent decline in net profit, contribute to a challenging outlook.
In the broader market context, IndusInd Bank's short-term performance has been less favorable compared to the benchmark, as it has declined by 2.09% over the past week while the Sensex has increased by 0.45%. This underperformance is further highlighted by the stock's significant negative returns over the last year and three years, where it has lagged behind the BSE500 index. The presence of pledged promoter shares, which account for 50.86%, adds additional pressure on the stock, particularly in a declining market. Overall, while there is a slight uptick in the stock price today, the underlying fundamentals and market conditions suggest a cautious outlook for IndusInd Bank.