Why is Karur Vysya Bank falling/rising?

As of 18-Jul, Karur Vysya Bank Ltd. is experiencing a decline in its stock price, currently at Rs 267.85, which reflects a decrease of 2.05 (-0.76%). The stock has been under pressure, having fallen consecutively for the last two days, resulting in a total decline of 2.21%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 23.98% and a remarkable 466.28% rise over the past three years. 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%. However, the stock's recent price movement may be influenced by a decrease in investor participation, as evidenced by a 17.05% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has declined by 0.90% over the past week, while Karur Vysya Bank has only fallen by 0.56%. This indicates that the stock has been relatively resilient compared to the overall market. Despite the recent price drop, the bank's consistent returns and strong institutional holdings suggest that it remains an attractive investment for long-term growth, especially given its positive financial results over the last 15 quarters. However, the stock's premium valuation and the slower profit growth compared to its stock performance may raise concerns among investors, contributing to the current price decline.