Why is Punjab Natl.Bank falling/rising?

As of 09-Jul, Punjab National Bank's stock price is currently at 111.00, reflecting a decrease of 1.0, or 0.89%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.33% during this period. Additionally, the stock has underperformed its sector by 0.56% today. Over the past week, it has decreased by 2.50%, and in the last month, it has seen a decline of 1.03%. Despite a strong long-term growth outlook, with a 118.20% CAGR in net profits and positive results over the last nine quarters, the stock has generated a negative return of 9.24% over the past year, indicating significant underperformance compared to the broader market.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.15% over the past week and 1.32% over the last month. This underperformance is compounded by a notable decrease in investor participation, with delivery volume dropping by 45.34% against the five-day average. While the stock maintains a healthy valuation and strong institutional holdings, the recent declines suggest that investor sentiment may be cautious, particularly given its significant underperformance relative to the market over the past year.