Why is Karur Vysya Bank falling/rising?

As of 14-Jul, Karur Vysya Bank Ltd. is currently priced at 269.00, reflecting a decrease of -0.35, or -0.13%. The stock has been experiencing a decline over the past three days, with a total drop of -1.21% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 1-month return of +8.53% and a year-to-date increase of +24.51%. The bank's fundamentals remain robust, highlighted by a low Gross NPA ratio of 0.76% and a high Capital Adequacy Ratio of 16.72%. Additionally, the company has consistently reported positive results for the last 15 quarters, which supports its long-term growth narrative. However, the stock is facing some pressure due to falling investor participation, as indicated by a significant drop in delivery volume.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by -1.42% over the past week. While Karur Vysya Bank's short-term performance has been slightly negative, its long-term returns significantly outperform the benchmark, with a 3-year return of +488.62% compared to the Sensex's +53.99%. This disparity suggests that while the stock may be experiencing short-term volatility, its overall trajectory remains positive, driven by strong institutional support and consistent financial performance.