Why is Kotak Mah. Bank falling/rising?

As of 25-Jun, Kotak Mahindra Bank Ltd is experiencing a decline in its stock price, currently at 2,198.05, which reflects a decrease of 18.65 points or 0.84%. Despite this recent drop, the stock has shown positive performance over the past week and month, with returns of 3.04% and 4.63%, respectively. It is also close to its 52-week high, being only 4.95% away from Rs 2301.55. However, today's performance indicates a slight underperformance compared to its sector, and the stock has fallen after four consecutive days of gains. The bank's strong long-term fundamentals, including a high Capital Adequacy Ratio of 20.68% and a solid Return on Assets (ROA) of 2.23%, support its value, but recent flat results in profit after tax and a high Price to Book Value ratio suggest that the stock may be overvalued compared to its peers.
In the broader market context, Kotak Mahindra Bank's performance has outpaced the benchmark Sensex in the short term, with a 1-week return of 3.04% compared to the Sensex's 1.61%. However, the stock's year-to-date return of 23.05% is significantly higher than the Sensex's 5.91%, indicating strong market-beating performance over a longer period. The increase in institutional holdings by 0.52% over the previous quarter suggests confidence among larger investors, which could provide some support for the stock. Nonetheless, the recent decline in price, coupled with concerns over profit performance and valuation, may be contributing to the current downward movement.