Why is Karnataka Bank falling/rising?

As of 30-Jul, Karnataka Bank Ltd's stock price is currently at 182.35, reflecting a decrease of 1.3, or 0.71%. The stock has been underperforming, having fallen consecutively for the last nine days, resulting in a total decline of 5.71% during this period. In terms of returns, the stock has decreased by 3.75% over the past week and 6.85% over the past month, while it has seen a significant year-to-date decline of 14.91%. Despite strong lending practices and a low Gross NPA ratio of 3.08%, the stock's performance has been negatively impacted by disappointing financial results, including a substantial drop in profit before tax and net income in the latest quarter. Additionally, while there is a healthy long-term growth potential indicated by a 24.13% CAGR in net profits, the stock's recent performance has been overshadowed by a year-over-year decline of 23.64%, which is significantly worse than the broader market's slight increase of 0.03%.
Broader Market Context: In the context of the broader market, Karnataka Bank's recent performance has been notably weaker than the benchmark, as it has underperformed the Sensex, which has only declined by 1.50% over the past week. The stock's liquidity appears adequate, with a delivery volume increase of 151.5% compared to the five-day average, suggesting rising investor participation. However, the overall sentiment remains cautious due to the stock's continued decline and underperformance relative to both its historical returns and the market. The high institutional holdings at 32.66% may provide some support, but the recent negative financial results and the stock's persistent downward trend contribute to a bearish outlook among investors.