Why is Central Bank falling/rising?

As of 30-Jun, Central Bank of India is experiencing a price increase, currently at 39.67, with a change of 0.47, representing a rise of 1.2%. The stock has been gaining for the last two days, showing a total return of 2.29% during this period, although it underperformed its sector by 1.2%. In the past week, the stock has outperformed the benchmark Sensex, with a return of 4.20% compared to the Sensex's 2.09%. Despite a significant decline of 36.77% over the past year, the company has demonstrated strong long-term fundamentals, with a 39.99% compound annual growth rate (CAGR) in net profits and an attractive valuation relative to peers. Additionally, institutional investor participation has increased, indicating growing confidence in the stock.
In the broader market context, the public banking sector has gained by 2.39%, which may contribute to the positive sentiment surrounding Central Bank of India. While the stock's year-to-date performance remains negative at -25.56%, the recent increase in delivery volume by 82.09% against the five-day average suggests rising investor interest. The stock's current trading levels are above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages, indicating mixed signals in terms of momentum. Overall, the combination of strong fundamentals, increased institutional interest, and positive sector performance appears to be driving the recent upward movement in the stock price.