Why is RBL Bank falling/rising?

As of 18-Jul, RBL Bank Ltd's stock price is currently at 263.15, reflecting a decrease of 5.55, or 2.07%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 2.19%. Despite hitting a new 52-week high of Rs. 272.9 earlier in the day, it touched an intraday low of Rs. 260.55. Over the past week, the stock has shown a slight increase of 0.15%, while it has significantly outperformed the benchmark Sensex over the past month with a return of 15.19% compared to the Sensex's 0.38%. However, the stock's profits have fallen by 40.5% over the past year, which could be contributing to the recent price decline despite a high Capital Adequacy Ratio and strong institutional holdings.
In the broader market context, RBL Bank's recent performance contrasts with the Sensex, which has declined by 0.90% over the past week. The stock's liquidity remains strong, with a notable increase in delivery volume, indicating rising investor participation. While the stock has demonstrated market-beating performance over the long term, the recent profit drop and trading at a premium compared to peers may be causing some investor caution. The high institutional ownership suggests confidence in the bank's fundamentals, but the recent price movement indicates a potential reassessment of its valuation in light of declining profits.