Why is Dhanlaxmi Bank falling/rising?

As of 10-Jul, Dhanlaxmi Bank Ltd's stock is currently priced at 30.15, reflecting an increase of 0.41 or 1.38%. Today's price summary indicates that the stock has outperformed its sector by 1.82% and has experienced a trend reversal, gaining after two consecutive days of decline. However, the stock's performance over the past week shows a slight decrease of 0.07%, and it has underperformed the benchmark Sensex over the past month and year, with returns of -4.89% and -28.25%, respectively. Despite these challenges, the company has reported positive results in recent quarters, with a growth in interest and a decrease in gross non-performing assets, which may contribute to the stock's recent upward movement.
In the broader market context, while Dhanlaxmi Bank's short-term performance has been slightly negative, it has shown resilience compared to the benchmark Sensex, which has also seen a modest decline of 0.06% over the past week. The increase in institutional investor participation, with an 8.2% rise in their stake, suggests a growing confidence in the company's fundamentals, which could support the stock's price. However, the falling investor participation, as indicated by a significant drop in delivery volume, raises concerns about liquidity and market interest. Overall, while there are positive indicators for Dhanlaxmi Bank, the broader market conditions and recent performance metrics suggest a cautious outlook.