Why is Dhanlaxmi Bank falling/rising?

As of 25-Jun, Dhanlaxmi Bank Ltd's stock price is currently at Rs 30.00, reflecting an increase of Rs 1.03 or 3.56%. The stock has been on a positive trajectory, gaining for the last two days and achieving a total return of 5.01% during this period. It outperformed its sector by 3.27% today and reached an intraday high of Rs 30.14. However, despite this recent uptick, the stock has shown a year-to-date decline of 4.06% and a significant drop of 31.07% over the past year. Positive factors contributing to the stock's rise include a growth in interest of 14.5%, consecutive positive quarterly results, and a decrease in gross non-performing assets (NPA) to 2.98%. Additionally, institutional investors have increased their stake by 8.2%, indicating growing confidence in the company's fundamentals.
In the broader market context, Dhanlaxmi Bank's short-term performance has outpaced the benchmark Sensex, which has risen by 1.61% over the past week. While the stock's recent gains are encouraging, it still lags behind the benchmark on a year-to-date basis, where the Sensex has appreciated by 5.91%. The stock's liquidity remains adequate for trading, although there has been a notable decline in investor participation, with delivery volume dropping by 36.11% compared to the five-day average. This decline in participation could indicate a cautious sentiment among retail investors, despite the positive institutional interest.