Why is DCB Bank falling/rising?

As of 15-Sep, DCB Bank Ltd. is experiencing a price increase, currently at 128.65, reflecting a change of 1.55 or 1.22% upward. The stock has shown strong performance recently, gaining 3.58% over the last four days and outperforming its sector by 1.19% today. Over the past week, the stock has risen by 1.94%, and in the last month, it has increased by 6.28%, indicating a positive trend. The bank's strong lending practices are highlighted by a low Gross NPA ratio of 2.98%, and it has reported positive results for the last three consecutive quarters, with significant increases in net interest income and interest earned. Additionally, the stock's attractive valuation, supported by high institutional holdings, further contributes to its upward movement.
In the broader market context, DCB Bank's short-term performance has outpaced the Sensex, which has risen by 1.24% over the same week. This indicates that investor confidence in DCB Bank is stronger compared to the overall market. The stock's liquidity is also favorable, with a delivery volume increase of 25.61% against the five-day average, suggesting rising investor participation. Overall, the combination of solid financial results, strong institutional backing, and positive market sentiment has contributed to the stock's recent rise.