Why is RBL Bank falling/rising?

As of 01-Jul, RBL Bank Ltd's stock price is rising, currently at 259.95, reflecting an increase of 11.95 or 4.82%. The stock has shown strong performance recently, gaining 10.22% over the last four days and is currently just 4% away from its 52-week high of Rs 270.35. It has outperformed its sector by 4.76% today and is trading above all key moving averages, indicating positive momentum. However, there is a noted decline in investor participation, with delivery volume falling by 17.6% against the five-day average. The bank's high Capital Adequacy Ratio of 15.31% and increased institutional holdings of 35.63% suggest a solid foundation, although the stock has underperformed over the past year with a return of -1.70% and a significant profit decline of 40.5%.
In the broader market context, RBL Bank's short-term return of 10.15% over the past week significantly outpaces the Sensex, which has only increased by 2.00% in the same period. This indicates that the stock is gaining traction relative to the overall market. The strong institutional support and the bank's ability to maintain a fair valuation amidst challenges further bolster investor confidence, contributing to the stock's upward movement despite some negative factors such as declining profits and reduced trading volume.