Why is IndusInd Bank falling/rising?

As of 01-Sep, IndusInd Bank Ltd. has seen its stock price rise to 752.70, reflecting an increase of 12.8 or 1.73%. Despite this uptick, the stock has underperformed in the short term, with a 1-week return of -2.50% and a 1-month return of -3.96%. Today's performance indicates a trend reversal as the stock gained after three consecutive days of decline, although it remains below its moving averages across various time frames. The bank's high management efficiency is highlighted by a return on assets (ROA) of 1.63% and a solid capital adequacy ratio of 16.39%. However, the stock has faced significant challenges, including a staggering -47.23% return over the past year and a concerning -86.9% drop in profits, which has contributed to a negative sentiment surrounding the stock.
In the broader market context, IndusInd Bank's recent performance contrasts with the benchmark Sensex, which has shown a slight gain of 2.85% year-to-date. The stock's liquidity remains adequate for trading, but a decline in investor participation, evidenced by an 8.17% drop in delivery volume, raises concerns about sustained interest. Additionally, the high percentage of pledged promoter shares (50.86%) adds pressure on the stock, especially in a declining market. Overall, while there is a slight recovery in the stock price, the underlying fundamentals and long-term growth prospects remain weak, contributing to a cautious outlook among investors.