Why is RBL Bank falling/rising?

As of 19-Nov, RBL Bank Ltd's stock price is currently at 309.50, reflecting a decline of 4.5 points or 1.43%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 2.69% during this period. Despite a strong performance over the past year with a return of 98.27%, the stock has recently underperformed its sector by 1.87%. It is noteworthy that while the stock is above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 38.64% compared to the 5-day average, indicating some interest despite the recent price drop. The high institutional holdings at 51.15% suggest that informed investors are confident in the stock's fundamentals, which may provide some support against further declines.
In the broader market context, RBL Bank's short-term performance has been less favorable compared to the benchmark, as it has declined by 3.15% over the past week while the Sensex has gained 0.85%. This underperformance in the short term contrasts with the stock's impressive long-term returns, which have outpaced the BSE500 over various periods, including a remarkable 114.78% increase over the last three years. The combination of recent price declines, short-term underperformance against the benchmark, and the positive long-term outlook creates a complex picture for RBL Bank, suggesting that while there may be short-term challenges, the overall sentiment remains cautiously optimistic due to strong institutional backing and historical performance.