Why is Karnataka Bank falling/rising?

As of 14-Jul, Karnataka Bank Ltd's stock price is currently at 193.10, reflecting an increase of 2.6, or 1.36%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It has outperformed its sector by 1.38%. However, the stock has shown a negative return of 6.06% over the past month and a significant decline of 11.87% over the past year. Despite these challenges, the bank maintains strong lending practices with a low Gross NPA ratio of 3.08% and a robust long-term growth trajectory, evidenced by a 24.13% CAGR growth in net profits. Nevertheless, the stock's performance has been hampered by negative results in the most recent quarter, including a substantial drop in profit before tax and net interest income.
Broader market context shows that while Karnataka Bank's stock has risen today, it has underperformed the benchmark Sensex over the past week, where the Sensex has declined by 1.42%. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 29.15% compared to the five-day average. This decline in interest may reflect broader market sentiments, as the stock has consistently underperformed against the market over the past year, generating negative returns while the broader market has seen modest gains.