Why is AU Small Finance falling/rising?

As of 29-Jul, AU Small Finance Bank Ltd's stock price is currently at 740.15, reflecting an increase of 15.85 or 2.19%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and it outperformed its sector by 2.19%. The stock reached an intraday high of Rs 741.6, indicating strong performance despite a notable drop in delivery volume, which fell by 51.94% compared to the five-day average. Over the past week, the stock has increased by 1.96%, while its one-month performance shows a decline of 9.04%. However, the stock has demonstrated resilience with a year-to-date return of 32.62%, significantly outperforming the benchmark Sensex, which has only risen by 4.09%.
In the broader market context, while the stock has faced some short-term challenges, it has managed to outperform the Sensex, which has declined by 1.03% over the past week. The strong long-term fundamentals of AU Small Finance Bank, including a high Capital Adequacy Ratio of 21.50% and a solid Return on Assets of 1.91%, contribute to investor confidence. Additionally, the increase in institutional holdings by 3.81% over the previous quarter suggests that knowledgeable investors are optimistic about the company's future. Despite the recent volatility, the stock's ability to generate a 13.86% return over the past year, while the broader market has struggled, indicates a strong underlying performance that supports its current price rise.