Why is Kotak Mah. Bank falling/rising?

As of 26-Aug, Kotak Mahindra Bank Ltd is experiencing a decline in its stock price, currently at 1,965.20, which reflects a decrease of 18.25 points or 0.92%. The stock has been on a downward trend, losing value for the past five days and showing a total decline of 3.31% over that period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also decreased significantly, falling by 17.29% compared to the 5-day average, suggesting reduced investor participation. Despite these short-term challenges, the bank maintains strong long-term fundamentals, with a healthy return on assets and a high capital adequacy ratio, which could support its resilience moving forward.
In the broader market context, Kotak Mahindra Bank's recent performance contrasts with the benchmark Sensex, which has only declined by 1.05% over the past week. While the bank's stock has underperformed in the short term, it has outperformed the market over the past year, generating an 8.41% return compared to the Sensex's negative performance. The high institutional holdings indicate that knowledgeable investors still see potential in the bank, despite the current price drop. Overall, while the stock is facing short-term pressures, its long-term growth prospects remain strong, which may contribute to a recovery in the future.