Why is Karur Vysya Bank falling/rising?

As of 28-Aug, Karur Vysya Bank Ltd. is experiencing a decline in its stock price, currently at Rs 213.00, which reflects a decrease of 3.15 points or 1.46%. The stock has been losing value for the last two days, with a total drop of 2.68% during this period. It has also touched an intraday low of Rs 211.65. Despite this recent downturn, the bank has shown strong performance over the longer term, with a year-to-date return of 18.78% and a remarkable 268.72% increase over the past three years. The bank's fundamentals remain strong, highlighted by a low Gross NPA ratio of 0.66%, a high Capital Adequacy Ratio of 16.43%, and consistent net profit growth of 49.59% annually. Additionally, the stock is supported by high institutional holdings at 54.89%, indicating confidence from larger investors.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of -0.63% compared to the Sensex's -2.34%. This suggests that while the stock is currently facing a decline, it is outperforming the market in the short term. However, the overall market sentiment appears to be negative, as reflected in the stock's movement below its moving averages across various time frames. The liquidity of the stock remains adequate, with a delivery volume increase of 12.45% against the 5-day average, which may indicate rising investor participation despite the recent price drop.