Why is AU Small Finance falling/rising?

As of 20-Oct, AU Small Finance Bank Ltd's stock price is rising, currently at 865.45, reflecting an increase of 71.7 or 9.03%. The stock has recently hit a new 52-week high of Rs. 873.1 and has outperformed its sector by 9.23%. Over the past week, the stock has gained 12.84%, and it has shown strong performance over the last month with a 20.57% increase. The stock is trading above all key moving averages, indicating a bullish trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 230.5% compared to the 5-day average. The bank's strong fundamentals, including a high Return on Assets (ROA) of 1.91% and a high Capital Adequacy Ratio, further support the stock's upward movement.
In the broader market context, AU Small Finance Bank's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 2.47% over the past week. The stock's year-to-date return of 55.07% also far exceeds the Sensex's 7.97% increase, highlighting its strong market-beating performance. The high institutional holdings at 66.56% suggest that informed investors are confident in the bank's long-term growth potential, as evidenced by the increase in their stake over the previous quarter. Overall, the combination of strong financial fundamentals, positive market sentiment, and robust trading activity has contributed to the stock's rising price.