Why is Karur Vysya Bank falling/rising?

As of 22-Aug, Karur Vysya Bank Ltd. is currently priced at 258.65, reflecting a slight increase of 0.4 (0.15%). The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent drop in delivery volume by 20% against the 5-day average, the stock has outperformed its sector by 1.22%. Over the past week, the stock has risen by 0.78%, while it has experienced a decline of 4.63% over the past month. The bank's strong lending practices, evidenced by a low Gross NPA ratio of 0.66% and a high Capital Adequacy Ratio of 16.43%, contribute positively to its valuation. Additionally, the bank has reported consistent growth in net profit at an annual rate of 49.59% and has delivered positive results for the last 16 consecutive quarters, which supports investor confidence.
In the broader market context, the stock's recent performance has been slightly below the benchmark, with the Sensex rising by 0.88% over the past week. However, the bank's year-to-date return of 19.72% significantly outpaces the Sensex's 4.05% increase, indicating strong long-term growth potential. The high institutional holdings at 54.89% suggest that informed investors continue to support the stock, further enhancing its stability. Overall, while there are short-term fluctuations, the underlying fundamentals and consistent returns over the last three years position Karur Vysya Bank favorably in the market.