Why is Karur Vysya Bank falling/rising?

As of 05-Aug, Karur Vysya Bank Ltd. is currently priced at 261.20, reflecting a decrease of 2.25, or 0.85%. The stock has underperformed its sector today by 0.5%, and while it is trading higher than its 5-day, 50-day, 100-day, and 200-day moving averages, it is lower than its 20-day moving average. The delivery volume has also seen a significant decline of 36.3% compared to the 5-day average, indicating falling investor participation. Despite this recent dip, the stock has shown strong performance over the longer term, with a year-to-date return of 20.90% and a remarkable 325.75% increase over the past three years. The bank's solid fundamentals, including a low Gross NPA ratio of 0.66%, a high Capital Adequacy Ratio of 16.46%, and consistent profit growth, support a positive outlook, although the stock is currently trading at a premium compared to its peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 0.97% over the past week while the Sensex has declined by 0.77%. This indicates that, despite the recent price drop, Karur Vysya Bank has been relatively resilient compared to the market. The high institutional holdings at 54.89% suggest confidence from larger investors, who have increased their stake, further supporting the stock's long-term growth potential. However, the recent decline in price and investor participation may reflect short-term market sentiment or profit-taking, which could be influencing the current price movement.