Why is Jana Small Finan falling/rising?

As of 09-Jun, Jana Small Finance Bank Ltd's stock price is rising, currently at 517.85, reflecting an increase of 29.4 or 6.02%. The stock has shown strong performance today, outperforming its sector by 5.8% and achieving a consecutive gain over the last two days with an overall return of 8.95%. It reached an intraday high of Rs 529.4, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 456.06% compared to the 5-day average. Despite a negative return of -19.69% over the past year, the company demonstrates high management efficiency with a return on assets (ROA) of 1.72% and healthy long-term growth in net interest income and net profit.
In the broader market context, Jana Small Finance Bank's short-term return of +4.91% over the past week significantly outpaces the Sensex's +1.32% return, indicating strong relative performance. The stock's technical indicators are bullish, suggesting positive momentum, while its attractive valuation at a price-to-book ratio of 1.3 supports investor interest despite the recent decline in profits. Overall, the combination of strong technical performance, increased trading volume, and positive growth metrics contributes to the stock's upward movement in the current market environment.