Why is Karnataka Bank falling/rising?

As of 05-Sep, Karnataka Bank Ltd's stock price is currently at 174.10, reflecting a decrease of 1.4, or 0.8%. The stock has underperformed its sector today by 0.93%, despite showing higher delivery volume, which increased by 68.2% compared to the 5-day average. Over the past week, the stock has gained 1.22%, but it has seen a decline of 2.66% over the past month and a significant drop of 18.76% year-to-date. The company has reported negative results for the last three consecutive quarters, with a notable decrease in profit before tax and net interest income, contributing to a year-over-year return of -22.26%, which is considerably worse than the broader market's decline of -1.81%.
In the broader market context, while Karnataka Bank's short-term performance has shown some resilience with a 1.22% gain over the past week, it has still lagged behind the benchmark Sensex, which has remained flat over the same period. The stock's long-term fundamentals appear strong, with a healthy growth rate in net profits and low gross non-performing assets, yet the recent negative quarterly results and underperformance relative to the market have raised concerns among investors. High institutional holdings may provide some stability, but the overall sentiment remains cautious due to the company's recent financial struggles.