Why is Karur Vysya Bank falling/rising?

As of 06-Aug, Karur Vysya Bank Ltd. is experiencing a price increase, currently at 261.90, reflecting a rise of 1.65 (0.63%). The stock has outperformed its sector by 0.39% today, although it has shown a decline of 3.57% over the past month. The stock is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, but below its 20-day moving average. Despite a decrease in investor participation, with delivery volume falling by 28.97% against the 5-day average, the bank's strong fundamentals, including a low Gross NPA ratio of 0.66% and a high Capital Adequacy Ratio of 16.46%, contribute positively to its valuation. The bank has consistently reported positive results over the last 16 quarters, with a significant annual net profit growth rate of 49.59%, which supports the stock's upward movement.
In the broader market context, the stock has shown a 1-week return of +1.51%, contrasting with a decline of -1.15% in the Sensex, indicating that Karur Vysya Bank is performing well relative to the market. The bank's strong institutional holdings at 54.89%, which have increased by 0.88% over the previous quarter, suggest confidence from larger investors in its fundamentals. Additionally, the stock has generated a remarkable return of 25.97% over the past year, significantly outperforming the Sensex's 2.48% return, further reinforcing its positive trajectory amidst broader market fluctuations.