Why is Union Bank (I) falling/rising?

As of 01-Aug, Union Bank of India is experiencing a decline in its stock price, currently at Rs 128.10, which reflects a decrease of Rs 2.9 or 2.21%. The stock has underperformed its sector by 1.11% today and has touched an intraday low of Rs 127.7. Over the past week, the stock has decreased by 5.98%, and in the last month, it has fallen by 17.17%. Despite these short-term declines, the company has shown strong long-term fundamentals, including a 132.49% CAGR growth in net profits and a healthy net interest income growth rate of 21.91%. Additionally, the stock has a high dividend yield of 3.59%, and institutional investors have increased their stake, indicating confidence in the company's long-term prospects.
In the broader market context, Union Bank's recent performance contrasts with the Sensex, which has only declined by 1.06% over the past week and 3.70% over the last month. This suggests that the stock's short-term struggles are more pronounced than the overall market trend. The company's strong provisioning practices and positive results over the last four quarters, including a gross NPA of 3.52% and a PAT growth of 30.20%, highlight its resilience. However, the falling investor participation, as evidenced by a 17.88% drop in delivery volume against the 5-day average, may be contributing to the stock's current downward movement.