Why is RBL Bank falling/rising?

As of 09-Jun, RBL Bank Ltd's stock price is rising, currently at 230.15, reflecting an increase of 12.75 or 5.86%. The stock has shown strong performance recently, outperforming its sector by 5.18% today and achieving a consecutive gain over the last two days with a total return of 10.83%. Additionally, RBL Bank has demonstrated significant returns over various periods, including a 7.70% increase over the past week and a 16.95% rise over the past month. The stock is also trading above its moving averages across multiple time frames, indicating a bullish trend. Factors contributing to this positive movement include a high Capital Adequacy Ratio of 15.31%, which provides a buffer against risk, and favorable technical indicators such as MACD and Bollinger Bands. However, it is important to note that despite the recent gains, the stock has experienced a decline of 8.40% over the past year, with profits down by 40.5%.
In the broader market context, RBL Bank's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.32% over the past week and 3.76% over the past month. The stock's year-to-date return of 45.66% also contrasts sharply with the Sensex's 5.51% increase, highlighting its strong relative performance. This outperformance, combined with rising investor participation and liquidity, suggests that market sentiment is currently favorable towards RBL Bank, contributing to its upward price movement.