Why is UCO Bank falling/rising?

As of 05-Aug, UCO Bank's stock price is currently at 28.94, reflecting a decrease of 0.06 or 0.21%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.2% over that period. Additionally, UCO Bank is trading below its moving averages across various time frames, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 174.34% compared to the five-day average. The bank has demonstrated strong long-term fundamentals, including a low Gross NPA ratio of 2.63% and a consistent growth in net profits at a CAGR of 27.57%, which suggests potential resilience despite the recent price drop.
In the broader market context, UCO Bank's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -4.20% compared to the Sensex's -0.77%. This underperformance is further highlighted by the stock's year-to-date decline of 34.00%, while the Sensex has gained 3.29%. Although the stock has generated a negative return of 44.01% over the past year, its profits have increased by 26.3%, indicating that the market may be undervaluing the company's strong fundamentals. The stock's PEG ratio of 0.7 suggests it is trading at a discount compared to its peers, which could attract long-term investors looking for value despite the current downward trend.