Why is RBL Bank falling/rising?

As of 04-Aug, RBL Bank Ltd's stock price is rising, currently at Rs 265.25, reflecting an increase of Rs 6.15 or 2.37%. The stock is close to its 52-week high, just 2.88% away from Rs 272.9, and has outperformed its sector by 2.75% today. It has shown strong performance over various time frames, with a year-to-date return of 67.88% and a 1-year return of 16.70%, both significantly outperforming the Sensex. Additionally, the stock is trading above its moving averages across multiple time frames, indicating positive momentum. However, there is a noted decline in investor participation, with delivery volume falling by 58.51% against the 5-day average, which could signal caution among retail investors.
In the broader market context, RBL Bank's short-term performance of +4.70% over the past week stands in stark contrast to the Sensex, which has only increased by 0.16%. This indicates that RBL Bank is gaining traction relative to the market. The stock's high institutional holdings at 52.32% suggest confidence from larger investors, as their stake has increased by 16.69% over the previous quarter. Despite the positive performance metrics, the company has faced challenges, including negative results in recent quarters and a significant drop in profits, which could temper the enthusiasm surrounding its stock price. Nonetheless, the overall market-beating performance in both the short and long term contributes to the stock's upward movement.