Why is Karur Vysya Bank falling/rising?

As of 10-Jul, Karur Vysya Bank Ltd. is experiencing a slight decline in its stock price, currently at 272.05, reflecting a decrease of 0.25 or 0.09%. Despite this minor drop, the stock has shown strong performance over the past week, with a return of 2.58%, and a remarkable 14.69% increase over the past month. The stock is trading close to its 52-week high, just 2.02% away from Rs 277.55. However, it has recently seen a trend reversal after two consecutive days of gains. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 39.19% against the five-day average, which may contribute to the current price movement. The bank's strong fundamentals, including a low Gross NPA ratio of 0.76% and a high Capital Adequacy Ratio of 16.72%, support its long-term growth potential, but the stock's expensive valuation relative to peers could be a concern for some investors.
In the broader market context, Karur Vysya Bank's recent performance contrasts positively with the benchmark Sensex, which has seen a slight decline of 0.06% over the past week. The bank's stock has outperformed the sector by 0.35% today, indicating resilience despite the overall market conditions. The stock's impressive returns over the past year, generating 41.84% compared to the Sensex's 4.09%, highlight its strong position in the market. However, the expensive valuation and the relatively slower profit growth of 21% compared to the stock's price increase may lead to cautious sentiment among investors, impacting its recent price movement.