Why is Pun. & Sind Bank falling/rising?

As of 02-Jul, Punjab & Sind Bank's stock price is currently at 32.86, reflecting a decrease of -0.32 or -0.96%. The stock has experienced a trend reversal, falling after three consecutive days of gains. It is performing inline with its sector today, but the delivery volume has decreased by 11.73% compared to the five-day average, indicating falling investor participation. Despite a strong long-term fundamental strength with a 24.78% CAGR growth in net profits and positive results over the last four quarters, the stock has underperformed in the last year with a return of -44.25%, even as profits have risen by 70.6%. The stock is also trading at a relatively expensive valuation with a Price to Book Value of 1.7, which may deter some investors.
In the broader market context, the stock's short-term return over the past week is +8.16%, significantly outperforming the Sensex, which only gained +0.79%. However, over the past month, the stock has declined by -0.81%, while the Sensex has increased by +2.50%. This underperformance in the longer term, combined with the stock's negative returns over the past year, suggests that while there may be some positive short-term movements, the overall sentiment remains cautious due to the significant decline in value relative to the market.