Why is RBL Bank falling/rising?

As of 30-Jul, RBL Bank Ltd's stock price is currently at Rs 261.75, reflecting an increase of Rs 5.75, or 2.25%. The stock has been performing well recently, having outperformed its sector by 2.19% today and has gained 3.32% over the last two days. It is also trading close to its 52-week high, just 4.26% away from Rs 272.9. In terms of returns, RBL Bank has shown a positive trajectory, with a 1-week return of 1.12% and a 1-month return of 5.54%, significantly outperforming the Sensex, which has declined by 1.50% and 2.54% respectively over the same periods. Additionally, high institutional holdings at 52.32% and a 16.69% increase in their stake over the previous quarter suggest strong confidence in the stock, despite the company facing negative results in recent quarters.
In the broader market context, RBL Bank's short-term performance stands in stark contrast to the benchmark, as it has generated a 1-week return of 1.12% while the Sensex has fallen by 1.50%. This indicates that RBL Bank is gaining traction among investors even as the overall market struggles. However, it is important to note that the company has reported negative results for the last three consecutive quarters, which could pose risks to its future performance. Despite these challenges, the stock's ability to maintain liquidity and attract investor participation suggests a resilient market perception, contributing to its recent price rise.