Why is UCO Bank falling/rising?

As of 18-Aug, UCO Bank's stock price is currently at 28.53, reflecting an increase of 0.45 or 1.6%. The stock has been gaining momentum, having outperformed its sector by 1.13% today and achieving a consecutive gain over the last two days with a total return of 1.71%. Despite a challenging year-to-date performance with a decline of 34.94%, the stock has shown a positive short-term trend, with a 1.39% increase over the past week. The bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.63%, and a robust long-term growth trajectory with a 27.57% CAGR in net profits, contribute positively to investor sentiment. Additionally, the stock is trading at a discount compared to its peers, which may attract buyers looking for value.
In the broader market context, UCO Bank's recent performance contrasts with the Sensex, which has risen by 0.83% over the past week. While UCO Bank has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a significant decline of 43.67% over the past year compared to the Sensex's modest gain of 1.04%. The rising investor participation, indicated by a 42.06% increase in delivery volume, suggests growing interest in the stock, which may be driven by its positive quarterly results and fair valuation metrics. Overall, while the stock is experiencing a short-term rise, its long-term challenges remain a point of concern for investors.