Why is Bandhan Bank falling/rising?

As of 26-Jun, Bandhan Bank Ltd. is experiencing a price increase, currently at 185.00, reflecting a rise of 2.85 or 1.56%. The stock has shown a positive trend, gaining 2.69% over the last two days and outperforming its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decline in delivery volume by 10.85% against the 5-day average, the stock remains liquid enough for trading. Over the past week, Bandhan Bank has risen by 4.31%, and in the last month, it has increased by 11.68%, indicating a strong short-term performance compared to the Sensex, which rose by 2.94% and 1.92% respectively. The bank's high profitability, with a net interest margin of 12.92% and a capital adequacy ratio of 18.36%, supports its valuation, while a PEG ratio of 0.5 suggests it is trading at a discount compared to peers.
In the broader market context, Bandhan Bank's recent performance contrasts with its longer-term returns, as it has declined by 9.95% over the past year, while the Sensex has gained 6.46%. Despite this, the stock's high institutional holdings at 39.16% indicate strong confidence from investors who can analyze the company's fundamentals effectively. The bank's profits have risen by 23.1% over the past year, contributing to a more favorable outlook despite previous declines. Overall, the combination of strong short-term gains, solid profitability metrics, and institutional support suggests a positive sentiment around Bandhan Bank's stock, even as it navigates past performance challenges.