Why is RBL Bank falling/rising?

As of 09-Jul, RBL Bank Ltd's stock price is currently at Rs 260.55, reflecting an increase of Rs 10.55 or 4.22%. The stock has shown strong performance today, having outperformed its sector by 4.2% and is only 2.46% away from its 52-week high of Rs 266.95. Over the past week, the stock has gained 4.51%, and it has demonstrated impressive returns of 13.21% over the past month and 64.91% year-to-date. However, it is important to note that while the stock has been gaining, there has been a significant drop in investor participation, with delivery volume falling by 75.52% compared to the 5-day average. The bank's high capital adequacy ratio of 15.31% and increased institutional holdings, which rose by 4.16% over the previous quarter, suggest a solid foundation, although the stock is trading at a premium compared to its peers.
In the broader market context, RBL Bank's recent performance stands out as it has outperformed the Sensex, which only increased by 0.15% over the past week. The stock's ability to maintain a positive trajectory despite a recent two-day decline indicates resilience, particularly given its long-term performance, which has outpaced the BSE500 over various time frames. While the stock has generated a modest return of 5.70% over the past year, it is noteworthy that the bank's profits have decreased by 40.5%, which could raise concerns among investors. Overall, the combination of strong short-term gains, high institutional interest, and a solid capital position contributes to the stock's rising price, despite some underlying challenges.