Why is RBL Bank falling/rising?

As of 13-Aug, RBL Bank Ltd's stock price is currently at 254.95, reflecting an increase of 3.15 or 1.25%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it outperformed its sector by 0.93% today. Despite this positive movement, the stock has experienced a decline of 1.96% over the past week and 2.97% over the past month. However, it has demonstrated strong long-term performance, with a year-to-date return of 61.36% and a one-year return of 19.30%. High institutional holdings at 52.32%, which have increased by 16.69% over the previous quarter, indicate confidence from larger investors, although the company has reported negative results for the last three consecutive quarters, contributing to concerns about its valuation and profitability.
In the broader market context, RBL Bank's recent performance contrasts with the Sensex, which has remained relatively flat with a change of -0.01% over the past week. While the stock has outperformed the benchmark in the long term, its recent struggles, including a significant drop in profitability and a high price-to-book ratio compared to peers, raise questions about its sustainability. The decline in investor participation, evidenced by a 61.94% drop in delivery volume, further complicates the outlook, suggesting that while the stock is currently rising, underlying issues may continue to exert downward pressure in the near term.