Why is Karur Vysya Bank falling/rising?

As of 25-Jul, Karur Vysya Bank Ltd. is experiencing a decline in its stock price, currently at Rs 260.95, which reflects a decrease of Rs 10.55 or 3.89%. Today's price summary indicates that the stock has underperformed its sector by 3.44%, with an intraday low of Rs 259.25, marking a drop of 4.51%. Despite a strong performance over the longer term, with a 20.81% return over the past year and a remarkable 371.45% increase over three years, the stock is currently facing challenges, including a significant drop in delivery volume by 31.41% against the five-day average. The stock is trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, indicating mixed short-term momentum.
In the broader market context, the stock's short-term return of -2.58% over the past week contrasts with the Sensex, which has only decreased by 0.36%. This underperformance may be attributed to falling investor participation and liquidity concerns, despite the bank's strong fundamentals, such as a low Gross NPA ratio of 0.76% and a high Capital Adequacy Ratio of 16.72%. The bank has consistently reported positive results over the last 16 quarters, which supports its long-term growth narrative. However, the recent decline in stock price suggests that current market sentiment may be overshadowing these positive factors, leading to a cautious outlook among investors.