Why is City Union Bank falling/rising?

As of 15-Sep, City Union Bank Ltd. has seen its stock price rise to 206.75, reflecting an increase of 2.55 or 1.25%. The stock has outperformed its sector today by 1.22% and has experienced consecutive gains over the last two days, with a total return of 1.97% during this period. Despite a slight decline of 2.15% over the past month, the stock has shown strong year-to-date performance with a rise of 19.82%. Key positive factors contributing to this upward movement include the bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.99%, and a high Capital Adequacy Ratio of 21.32%. Additionally, the bank has reported positive results for the last four consecutive quarters, with significant growth in net profit and high institutional holdings, which have increased by 1.51% over the previous quarter.
In the broader market context, City Union Bank's short-term performance has significantly outpaced the benchmark, with a 4.55% increase over the past week compared to the Sensex's 1.24% rise. This indicates that the stock is gaining traction among investors despite a challenging market environment, where the BSE500 has generated negative returns of -3.45% over the last year. The rising investor participation, as shown by a 27.08% increase in delivery volume, further supports the stock's upward momentum, suggesting that market sentiment is favorable towards City Union Bank amidst its solid financial fundamentals.