Why is RBL Bank falling/rising?

As of 28-Jul, RBL Bank Ltd's stock price is currently at 253.35, reflecting a decrease of 1.0, or 0.39%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.12% during this period. Despite this recent downturn, the stock has shown strong performance over the past month with a 6.05% increase, and it has significantly outperformed the benchmark Sensex over the year, with a return of 7.42% compared to the Sensex's decline of 0.54%. However, the stock's recent performance is overshadowed by negative financial results, including a 46.1% drop in profit after tax and a 158.69% fall in profit before tax, which have contributed to investor concerns.
Broader Market Context: In the short term, RBL Bank's performance has lagged behind the benchmark, with a 2.91% decline over the past week compared to a 1.59% decline in the Sensex. The stock's liquidity remains adequate, but there has been a noticeable decrease in investor participation, with delivery volumes falling by 3.84% against the five-day average. While high institutional holdings at 52.32% and their increased stake may provide some support, the overall sentiment is affected by the company's recent negative financial results and expensive valuation compared to peers, leading to a cautious outlook among investors.