Why is Karur Vysya Bank falling/rising?

As of 05-Sep, Karur Vysya Bank Ltd. has seen its stock price rise to 206.95, reflecting an increase of 4.0 or 1.97%. Today's price summary indicates that the stock has outperformed its sector by 1.84% and has experienced a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 207. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Despite a short-term decline of 2.79% over the past week and 4.19% over the past month, the stock has shown strong long-term performance with a year-to-date return of 15.41% and a remarkable 240.86% increase over the past three years. The bank's solid fundamentals, including a low Gross NPA ratio of 0.66%, a high Capital Adequacy Ratio of 16.43%, and consistent net profit growth, contribute positively to its recent price movement.
In the broader market context, while the Sensex has gained 1.13% over the past week, Karur Vysya Bank's short-term performance has lagged behind this benchmark. However, the stock's long-term returns significantly outperform the Sensex, which has only increased by 3.29% year-to-date. The rising investor participation, evidenced by a 93.7% increase in delivery volume, along with high institutional holdings at 54.89%, suggests strong confidence in the bank's future prospects. The consistent positive results over the last 16 quarters further bolster investor sentiment, indicating that despite recent short-term fluctuations, the stock's fundamentals remain robust and supportive of its upward price movement.