Why is UCO Bank falling/rising?

As of 15-Sep, UCO Bank's stock price is currently at 29.44, reflecting an increase of 0.44 or 1.52%. The stock has shown a positive performance today, outperforming its sector by 1%. Additionally, the stock's delivery volume has increased by 4.57% compared to the 5-day average, indicating rising investor participation. Over the past week, UCO Bank has gained 2.69%, and over the past month, it has risen by 4.84%. Despite a significant decline of 40.67% over the past year, the bank has demonstrated strong fundamentals, including a low Gross NPA ratio of 2.63% and a robust 27.57% CAGR growth in net profits, which have positively influenced its recent price movement.
In the broader market context, UCO Bank's short-term performance has outpaced the Sensex, which has only increased by 1.24% over the past week. However, the stock has underperformed the market over the last year, where the BSE500 index fell by 3.45%. The decline in institutional investor participation, with a decrease of 0.91% in their stake, raises concerns about the stock's long-term outlook despite its current positive momentum. Overall, while UCO Bank's recent gains can be attributed to strong operational performance and increased trading activity, its significant historical underperformance relative to the market remains a critical factor for investors to consider.