Why is RBL Bank falling/rising?

As of 03-Jul, RBL Bank Ltd's stock price is rising, currently at 253.25, reflecting an increase of 3.95 or 1.58%. The stock has shown strong performance recently, with a one-week return of +6.70% and a one-month return of +20.51%, significantly outperforming the Sensex, which has seen a decline of -0.62% over the same week and a modest gain of +3.10% over the month. Today's trading activity indicates a positive trend, as the stock reached an intraday high of Rs 257.2, and it is trading above all key moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 116.88% compared to the five-day average. The bank's high Capital Adequacy Ratio of 15.31% and increased institutional holdings, which have risen by 4.16% over the previous quarter, further support the stock's upward movement despite a year-over-year profit decline of -40.5%.
In the broader market context, RBL Bank's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex significantly in the short term. While the stock has experienced a decline of -6.05% over the past year, its year-to-date return stands at an impressive +60.28%, indicating strong recovery and investor confidence. This divergence suggests that RBL Bank is gaining traction among investors, particularly institutional ones, who are better positioned to analyze the bank's fundamentals. Overall, the combination of strong recent returns, increased investor interest, and solid capital buffers contributes to the stock's rising price.