Why is Karur Vysya Bank falling/rising?

As of 14-Aug, Karur Vysya Bank Ltd. is experiencing a slight increase in its stock price, currently at 256.65, reflecting a change of 0.6 or 0.23% upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. It is performing in line with its sector, with a delivery volume that has risen by 8.67% compared to the five-day average. Despite a recent decline of 1.82% over the past week and a 4.59% drop in the last month, the stock has demonstrated strong long-term growth, with a year-to-date return of 18.79% and a remarkable 301.64% increase over the past three years. Key positive factors contributing to the stock's recent movement include strong lending practices, a low Gross NPA ratio of 0.66%, and a high Capital Adequacy Ratio of 16.43%, which provide a solid buffer against risks.
In the broader market context, while the Sensex has only fallen by 0.03% over the past week, Karur Vysya Bank's performance has been notably weaker in the short term. However, the stock's long-term performance significantly outpaces the benchmark, with a 20.21% return over the past year compared to the Sensex's 1.89%. The high institutional holdings at 54.89% indicate confidence from larger investors, which may support the stock's price stability and potential for recovery. Overall, the combination of recent positive price movement, strong fundamentals, and institutional backing suggests a resilient outlook for Karur Vysya Bank despite its recent short-term challenges.