Why is DCB Bank falling/rising?

As of 17-Sep, DCB Bank Ltd. is experiencing a price increase, with its current price at 129.40, reflecting a rise of 2.05 or 1.61%. Today's performance indicates that the stock has outperformed its sector by 1.42%. The stock is currently trading above its 5-day, 20-day, and 200-day moving averages, although it is below its 50-day and 100-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 48.7% compared to the 5-day average. Over the past week, the stock has gained 3.19%, and it has shown a year-to-date return of 6.94%, which is higher than the Sensex's return of 5.83%. The bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.98%, and positive financial results over the last three quarters, including record net interest income and interest earned, contribute to the stock's upward movement. Furthermore, the high institutional holdings at 43.49% suggest confidence from larger investors, which can positively influence stock performance.
In the broader market context, DCB Bank's short-term return of 3.19% over the past week outpaces the Sensex's return of 1.56%, indicating a strong relative performance. The stock's ability to generate a return of 5.81% over the past year, alongside a significant profit increase of 18.7%, further supports its positive trajectory compared to the benchmark, which has seen a decline of 0.46% over the same period. This combination of strong fundamentals, positive investor sentiment, and favorable comparisons to the broader market suggests that DCB Bank is well-positioned for continued growth.