Why is Karur Vysya Bank falling/rising?

As of 25-Aug, Karur Vysya Bank Ltd. is experiencing a price increase, currently at 263.70, reflecting a rise of 5.05 or 1.95%. The stock has outperformed its sector by 1.98% today and has shown consecutive gains over the last two days, accumulating a total return of 2.11% in that period. Additionally, the stock has reached an intraday high of Rs 268, indicating strong investor interest. The bank's performance over various time frames has been impressive, with a year-to-date return of 22.06% and a three-year return of 294.47%. Positive factors contributing to this upward movement include strong lending practices, a low Gross NPA ratio of 0.66%, and a high Capital Adequacy Ratio of 16.43%. Furthermore, the bank has consistently reported positive results for the last 16 quarters, with significant growth in net profit and high institutional holdings, which have increased by 0.88% over the previous quarter.
In the broader market context, the stock's short-term performance has been slightly lower than the benchmark Sensex, which has gained 0.45% over the past week compared to the stock's 0.30% increase. However, the stock's long-term performance significantly outpaces the benchmark, with a year-on-year return of 18.54% compared to the Sensex's 0.68%. This consistent outperformance over multiple periods, coupled with rising investor participation and liquidity, suggests a strong market sentiment towards Karur Vysya Bank, reinforcing its upward price movement despite the slight short-term underperformance relative to the benchmark.