Why is UCO Bank falling/rising?

As of 20-Aug, UCO Bank's stock price is currently at 29.26, reflecting an increase of 0.07 or 0.24%. The stock has shown a positive trend recently, gaining 4.31% over the past week, while it has outperformed its sector by 0.38% today. Despite this short-term gain, the stock has experienced a significant decline of 8.90% over the past month and a staggering 33.27% year-to-date. The company has demonstrated strong fundamentals, including a low Gross NPA ratio of 2.63% and a robust 27.57% CAGR growth in net profits, which may contribute to investor confidence. However, the recent drop in delivery volume by 3.43% against the 5-day average suggests a decrease in investor participation, which could temper the stock's upward momentum.
In the broader market context, UCO Bank's recent performance contrasts with the benchmark Sensex, which has increased by 1.64% over the past week. While UCO Bank has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a 43.97% decline over the past year compared to the Sensex's modest gain of 1.31%. This disparity highlights the challenges UCO Bank faces in regaining investor confidence despite its strong fundamentals and recent positive results. The stock's fair valuation and trading at a discount compared to peers may provide some support, but the overall negative sentiment reflected in its year-to-date performance continues to weigh on its price.