Why is Key Corp falling/rising?

As of 16-Jul, Key Corp Ltd's stock price is rising, currently at 143.30, reflecting an increase of 6.8 or 4.98%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 10.23% during this period. It opened with a gain of 4.98% today and reached an intraday high of Rs 143.30. The stock has outperformed its sector by 5.21% today, and there has been a significant increase in investor participation, with delivery volume rising by 305.93% compared to the 5-day average. Despite a year-to-date decline of 53.51% and a negative return of -12.19% over the past year, the company maintains strong long-term fundamentals, including an average Return on Equity (ROE) of 32.98% and healthy operating profit growth of 35.81% annually.
In the broader market context, the stock's short-term return of +10.57% over the past month contrasts sharply with the Sensex, which has only increased by 1.02% during the same period. While the stock has underperformed the market over the last year, the recent positive momentum may be attributed to its strong fundamentals and rising investor interest. However, it is essential to note that the stock is trading at a premium compared to its peers' historical valuations, and its profits have significantly declined by -90.5% over the past year. This combination of factors suggests that while the stock is currently experiencing a rise, there are underlying challenges that may affect its long-term performance.