Why is AU Small Finance falling/rising?

As of 15-Oct, AU Small Finance Bank Ltd's stock price is rising, currently at Rs 801.25, reflecting an increase of Rs 28.3 or 3.66%. The stock has been performing well, having outperformed its sector by 3.37% today and has gained for the last four consecutive days, accumulating a total return of 5.28% during this period. It is also trading close to its 52-week high, just 4.95% away from Rs 840.95. The stock has shown strong returns over various periods, including a 12.26% increase over the past month and a remarkable 43.57% year-to-date. Positive factors contributing to this upward movement include strong long-term fundamentals, with a healthy growth rate in net interest income and net profit, as well as high institutional holdings which indicate confidence from larger investors.
In the broader market context, AU Small Finance Bank's short-term performance significantly outpaces the benchmark, with a 1-week return of 4.19% compared to the Sensex's 1.02%. This indicates that the stock is not only gaining traction among investors but is also resilient against broader market trends, especially considering the negative returns of -1.87% from the BSE500 over the past year. The company's strong fundamentals, including a high capital adequacy ratio and consistent positive results over the last five quarters, further bolster investor confidence, despite the stock's relatively expensive valuation compared to peers.