Why is Bandhan Bank falling/rising?

As of 02-Jul, Bandhan Bank Ltd. is currently priced at 187.25, reflecting a slight increase of 0.1 (0.05%). The stock has shown positive performance recently, with a 1-week return of +2.80% and a 1-month return of +8.39%, both outperforming the Sensex, which returned +0.79% and +2.50% respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Despite a recent decline in investor participation, with delivery volume down by 3.02%, the bank's high profitability, evidenced by a net interest margin of 12.92% and a capital adequacy ratio of 18.36%, supports its valuation. Furthermore, the stock is trading at a discount compared to its peers, and its profits have increased by 23.1% over the past year, contributing to a favorable PEG ratio of 0.5.
In the broader market context, Bandhan Bank's short-term performance has significantly outpaced the benchmark, with a 1-week return of +2.80% compared to the Sensex's +0.79%. This indicates that the stock is gaining traction relative to the overall market. The high institutional holdings at 39.16% suggest that knowledgeable investors are confident in the bank's fundamentals, which may also be influencing the stock's upward movement. However, the long-term performance remains a concern, as the stock has declined by 7.42% over the past year, contrasting with the Sensex's 5.00% gain. Overall, while the stock is currently rising, its historical performance indicates volatility that investors should consider.