Why is RBL Bank falling/rising?

As of 02-Jul, RBL Bank Ltd's stock price is currently at 249.30, reflecting a decline of 10.65 points or 4.1%. Today's price summary indicates that the stock has underperformed its sector by 3.3% and has experienced a trend reversal after four consecutive days of gains. The stock reached an intraday high of Rs 266.95 but fell to a low of Rs 248.25, with more volume traded closer to the low price. Despite this decline, RBL Bank has shown strong performance over the past week and month, with returns of 5.70% and 16.66%, respectively. However, the stock has generated a negative return of 3.47% over the past year, coinciding with a significant drop in profits of 40.5%. The bank's high Capital Adequacy Ratio of 15.31% and increased institutional holdings of 35.63% suggest a solid foundation, but the stock's premium valuation compared to peers may be contributing to its recent price drop.
In the broader market context, RBL Bank's short-term performance has outpaced the benchmark Sensex, which has only increased by 0.79% over the past week. This indicates that while the stock has been performing well relative to the market recently, the current decline may be a correction after a period of strong gains. The rising investor participation, as evidenced by a 122.84% increase in delivery volume, suggests continued interest in the stock, but the recent price movement reflects a cautious sentiment among investors amidst concerns over profitability and valuation.