Why is Bank Of Baroda falling/rising?

As of 15-Jul, Bank Of Baroda's stock price is currently at 244.35, reflecting an increase of 3.4, or 1.41%. The stock has been gaining momentum, having risen 3.01% over the last two days, and it is outperforming its sector by 0.73%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Despite a slight decline in delivery volume, which fell by 21.44% against the 5-day average, the stock benefits from strong lending practices, a low gross NPA ratio of 2.26%, and a high dividend yield of 3.46%. The company's long-term fundamentals are robust, with a 104.60% CAGR growth in net profits, making it an attractive investment compared to its peers.
In the broader market context, Bank Of Baroda's short-term return of 1.92% over the past week contrasts with the Sensex, which has declined by 1.36% in the same period. This suggests that the stock is performing well relative to the overall market. While the stock has underperformed over the past year with a return of -5.51%, its profits have increased by 10.1%, indicating a potential for recovery. The high institutional holdings at 27.2% further support the stock's stability, as these investors typically possess better analytical capabilities. Overall, the combination of strong fundamentals and recent positive price movements contributes to the stock's rising trajectory.