Why is IndusInd Bank falling/rising?

As of 19-Sep, IndusInd Bank Ltd. is currently priced at 743.30, reflecting an increase of 7.8, or 1.06%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 2.13%. However, despite this short-term gain, the stock has a negative return of -5.38% over the past month and a significant decline of -49.92% over the past year. The bank's management efficiency is highlighted by a high return on assets (ROA) of 1.63% and a solid capital adequacy ratio of 16.39%, indicating a buffer against risks. Nevertheless, the company has faced challenges, including a substantial drop in profits by -86.9% over the past year and negative results for the last four consecutive quarters, which contribute to a bearish outlook.
In the broader market context, the stock's short-term performance of +0.35% over the past week is underwhelming compared to the Sensex, which has gained +0.88% in the same period. The long-term perspective is concerning, as the stock has underperformed the BSE500 over the last three years, one year, and three months. The high percentage of pledged promoter shares (50.86%) adds to the downward pressure on the stock, particularly in a falling market. Overall, while there are some positive indicators, the persistent negative financial results and poor long-term growth prospects overshadow the recent price increase.