Why is City Union Bank falling/rising?

As of 12-Sep, City Union Bank Ltd. has a current price of 204.20, reflecting an increase of 1.45 (0.72%). The stock has shown a positive performance today, outperforming its sector by 0.3%. Notably, the stock's delivery volume has risen significantly, with a 125.59% increase compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has performed well year-to-date with an 18.34% increase, and over the past year, it has generated a remarkable 23.50% return, significantly outperforming the BSE500 benchmark, which has seen negative returns of -1.28%. The company benefits from strong lending practices, a low Gross NPA ratio of 2.99%, and a high Capital Adequacy Ratio of 21.32%, which together signify robust financial health and risk management.
Broader Market Context: In the short term, City Union Bank's performance of +2.20% over the past week exceeds the Sensex's increase of +1.48%, showcasing its relative strength in the market. The stock's ability to maintain positive returns despite broader market challenges, including a -2.06% decline over the past month, highlights its resilience. Additionally, the stock's high institutional holdings at 62.61% suggest confidence from knowledgeable investors, further supporting its upward movement. Overall, the combination of strong financial metrics, positive quarterly results, and increased investor interest contributes to the stock's rising price.