Why is Karur Vysya Bank falling/rising?

As of 18-Aug, Karur Vysya Bank Ltd. is experiencing a price increase, with its current price at 262.90, reflecting a rise of 6.25 or 2.44%. The stock has outperformed its sector by 1.64% today and has shown consecutive gains over the last two days, accumulating a total return of 2.68%. The stock reached an intraday high of Rs 266, indicating strong trading activity. Despite a decline in delivery volume by 50.39% compared to the 5-day average, the stock remains liquid enough for trading. Over the past year, Karur Vysya Bank has generated a return of 20.90%, significantly outperforming the benchmark Sensex, which has only increased by 1.04%.
In the broader market context, the stock's short-term performance of +0.57% over the past week is slightly below the Sensex's gain of +0.83%. However, the bank's strong fundamentals, including a low Gross NPA ratio of 0.66%, a high Capital Adequacy Ratio of 16.43%, and consistent profit growth, contribute positively to investor sentiment. The company has reported positive results for 16 consecutive quarters, and its high institutional holdings of 54.89% suggest confidence from more sophisticated investors. These factors collectively support the stock's upward movement despite some recent declines in trading volume.