Why is City Union Bank falling/rising?

As of 04-Aug, City Union Bank Ltd. is experiencing a price increase, currently at 216.95, with a change of 3.08, representing a rise of 1.44%. The stock has shown strong performance recently, having outperformed its sector by 1.82% today and achieving a consecutive gain over the last four days, resulting in a total increase of 6.14% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The bank's strong lending practices are highlighted by a low Gross NPA ratio of 2.99% and a high Capital Adequacy Ratio of 21.32%, which indicates robust financial health. Furthermore, the company has reported positive results for the last four consecutive quarters, contributing to a healthy long-term growth outlook with a net profit growth rate of 21.24%.
In the broader market context, City Union Bank's performance over the past week has been significantly better than the benchmark Sensex, which has only increased by 0.16%, while the bank's stock has risen by 5.26%. Year-to-date, the bank has outperformed the Sensex, generating a return of 25.73% compared to the benchmark's 3.69%. Despite the overall market showing negative returns over the past year, City Union Bank has managed to achieve a remarkable 30.03% return, demonstrating its resilience and strong market position. The increase in institutional holdings by 1.51% over the previous quarter further supports investor confidence in the bank's fundamentals, contributing to the stock's upward movement.