Why is UCO Bank falling/rising?

As of 06-Aug, UCO Bank's stock price is currently at 28.37, reflecting a decrease of 0.57, or 1.97%. The stock has been on a downward trend, having underperformed its sector by 2.36% today and experiencing a consecutive fall over the last six days, resulting in a total decline of 6.09%. In terms of returns, UCO Bank has seen a significant drop of 12.63% over the past month and a staggering 44.25% decline over the past year, while the Sensex has only decreased by 3.46% and increased by 2.48%, respectively. Despite these negative movements, the bank maintains strong lending practices with a low Gross NPA ratio of 2.63% and has shown healthy long-term growth with a 27.57% CAGR in net profits, which suggests that the fundamentals remain solid even as the stock price struggles.
In the broader market context, UCO Bank's recent performance has been notably worse than the benchmark, with a 1-week return of -5.87% compared to the Sensex's -1.15%. This underperformance highlights the challenges the bank faces in the current market environment, despite its strong fundamentals and positive results over the last five quarters. The stock's liquidity appears adequate for trading, but the falling investor participation, indicated by a 15.62% drop in delivery volume, suggests waning interest among investors. Overall, while UCO Bank has strong fundamentals, the recent price decline reflects broader market pressures and investor sentiment that may not align with the company's positive long-term outlook.