Why is UCO Bank falling/rising?

As of 02-Sep, UCO Bank's stock price is currently at 28.80, reflecting an increase of 0.21 or 0.73%. The stock has shown a positive trend recently, gaining for the last three consecutive days with a total return of 2.16% during this period. Despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 34.32% and a one-year drop of 42.97%. However, the bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.63%, and a robust long-term growth in net profits at a CAGR of 27.57% contribute positively to its valuation. The stock is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, UCO Bank's recent performance has outpaced the Sensex, which has declined by 0.78% over the past week. This indicates that while the overall market may be struggling, UCO Bank is managing to attract investor interest, likely due to its solid fundamentals and positive quarterly results. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 42.49% against the five-day average, which could signal caution among investors. Overall, while UCO Bank is experiencing a short-term rise, the long-term outlook remains mixed due to substantial past declines and fluctuating investor engagement.