Why is Bandhan Bank falling/rising?

As of 27-Jun, Bandhan Bank Ltd. is currently priced at 185.15, reflecting a slight increase of 0.15 (0.08%). The stock has been gaining momentum, having risen 2.78% over the last three days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite underperforming its sector by 0.26% today, the stock has shown strong performance over the past week and month, with returns of +3.12% and +9.59%, respectively. The bank's high profitability, indicated by a net interest margin of 12.92% and a capital adequacy ratio of 18.36%, suggests a solid financial foundation. Additionally, the stock is trading at a discount compared to its peers, which, combined with a PEG ratio of 0.5 and rising institutional holdings at 39.16%, supports a positive outlook for the stock's valuation.
In the broader market context, Bandhan Bank's recent performance has outpaced the benchmark Sensex, which has returned +2.00% over the past week and +3.07% over the past month. The stock's year-to-date return of +16.45% significantly exceeds the Sensex's +7.58%, indicating strong relative strength in the current market environment. This positive trend is further supported by increased investor participation, as evidenced by a 58.67% rise in delivery volume compared to the 5-day average. Overall, while the stock has faced challenges over the past year with a return of -7.56%, the recent upward movement and strong fundamentals suggest a potential for continued recovery.