Why is Karnataka Bank falling/rising?

As of 05-Aug, Karnataka Bank Ltd's stock price is currently at 178.85, reflecting a decrease of 1.8, or 1.0%. The stock has underperformed its sector by 0.65% today, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 35.82% compared to the 5-day average. Over the past week, the stock has declined by 2.61%, and it has experienced a more substantial drop of 7.81% over the past month. Year-to-date, the stock is down 16.54%, while it has decreased by 19.05% over the past year. The only positive aspect noted is a high dividend yield of 3.04% at the current price, which may provide some support to investors.
In the broader market context, Karnataka Bank's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.77% over the past week and 3.26% over the past month. This indicates that while the overall market has shown relative stability, Karnataka Bank has faced significant challenges, leading to its underperformance. The stark difference in year-to-date returns, with Karnataka Bank down 16.54% compared to the Sensex's gain of 3.29%, further highlights the stock's struggles in the current market environment.