Why is RBL Bank falling/rising?

As of 23-Sep, RBL Bank Ltd's stock price is currently at 269.05, reflecting a slight decline of -0.2 or -0.07%. The stock has been experiencing a downward trend, having lost -0.77% over the last three days. Despite this recent decline, RBL Bank has shown strong performance over the longer term, with a year-to-date increase of 70.28% and a 25.67% rise over the past year. The stock is also close to its 52-week high, being just 3.62% away from Rs 278.8. Notably, there has been a significant increase in investor participation, with delivery volume rising by 159.04% against the 5-day average, indicating a potential interest in the stock despite its recent price drop. However, the company has reported negative results for the last three consecutive quarters, which may be contributing to the current price movement.
In the broader market context, RBL Bank's short-term performance has outpaced the benchmark Sensex, which has declined by -0.34% over the past week while RBL Bank has increased by 0.60%. This indicates that, despite the recent price drop, the stock is still performing relatively well compared to the overall market. However, the company's recent financial results, including a significant fall in profits and a high price-to-book ratio, suggest that the stock may be trading at a premium compared to its peers, which could be causing some investor caution. The high institutional holdings at 52.32% and their increased stake may provide some support, but the negative financial performance could be weighing on investor sentiment.