Why is IndusInd Bank falling/rising?

As of 17-Sep, IndusInd Bank Ltd. is currently priced at 738.75, reflecting a decrease of 3.35 or 0.45%. The stock has underperformed its sector today by 0.64%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.81%, and it has seen a significant drop of 49.66% over the past year, which is indicative of poor long-term growth as the company has reported negative results for the last four consecutive quarters. Additionally, the bank's net profit has decreased by an annual rate of 19.36%, and its gross non-performing assets (NPA) have reached a high of 3.64%. Although the bank has a high capital adequacy ratio and a fair valuation compared to peers, the overall negative performance and high promoter share pledges contribute to downward pressure on the stock.
In the broader market context, the Sensex has increased by 1.56% over the past week, contrasting sharply with IndusInd Bank's decline. This underperformance is further highlighted by the bank's returns over various periods, where it has lagged behind the benchmark indices, including a 4.03% drop over the past month and a staggering 39.82% decline over the last three years. The rising investor participation, indicated by a 118.69% increase in delivery volume, suggests some interest in the stock, but it is not enough to counteract the negative sentiment driven by the company's financial struggles and poor growth outlook.