Why is Karur Vysya Bank falling/rising?

As of 12-Aug, Karur Vysya Bank Ltd. is experiencing a decline in its stock price, currently at 258.15, which reflects a decrease of 3.25 or 1.24%. The stock has been losing value for the past two days, with a total drop of 1.88% during this period. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. The stock has shown a year-to-date increase of 19.49% and a one-year return of 20.63%, indicating strong long-term performance despite recent short-term declines. Positive factors such as strong lending practices, a low Gross NPA ratio of 0.66%, and a high Capital Adequacy Ratio of 16.43% contribute to its overall stability. Additionally, the bank has reported consistent net profit growth and positive results for the last 16 quarters, which supports its valuation and investor confidence.
In the broader market context, the stock's short-term performance has been slightly worse than the benchmark, with a 1-week decline of 0.81% compared to the Sensex's 0.59% drop. This underperformance in the short term may be influencing investor sentiment, despite the bank's strong fundamentals and high institutional holdings at 54.89%. The rising delivery volume suggests increased investor participation, which could indicate a potential for recovery. However, the recent consecutive falls and lower short-term moving averages may be causing caution among investors, leading to the current price decline.