Why is UCO Bank falling/rising?

As of 01-Jul, UCO Bank's stock price is currently at 32.93, reflecting an increase of 0.53, or 1.64%. The stock has been on a positive trajectory, gaining for the last six consecutive days and achieving a total return of 12.66% during this period. While the stock has outperformed its sector by 0.92% today, it has shown mixed performance over longer periods, with a 1-week return of +10.61% but a year-to-date decline of -24.90%. The company has demonstrated strong long-term fundamental strength, with a 24.60% compound annual growth rate in net profits and positive results for the last four consecutive quarters, including the lowest gross NPA at 2.69% and the highest net interest income at Rs 2,698.49 crore. However, despite these positive indicators, the stock has underperformed the market significantly over the past year, generating a return of -39.79%.
In the broader market context, UCO Bank's recent performance contrasts sharply with the benchmark, as the Sensex has gained 7.11% year-to-date. While the stock has seen a notable short-term recovery, it remains significantly behind in the long-term performance compared to the market, which has generated returns of 3.20% over the past year. Additionally, there has been a decline in investor participation, with delivery volume dropping by 46.76% against the 5-day average, indicating potential concerns among retail investors. However, increasing participation from institutional investors, who have raised their stake by 4.44%, may provide some support for the stock moving forward.