Why is RBL Bank falling/rising?

As of 05-Sep, RBL Bank Ltd's stock price is rising, currently at 275.85, reflecting an increase of 9.85 or 3.7%. The stock has recently hit a new 52-week high of Rs. 278.8 and has outperformed its sector by 3.57% today. Over the past week, RBL Bank has shown a return of +5.63%, and it has generated a substantial +74.59% return year-to-date, significantly outperforming the Sensex, which has only increased by 3.29% in the same period. However, despite these positive movements, the stock has experienced a decline in investor participation, with delivery volume falling by 85.84% against the 5-day average, which may raise concerns about sustainability. Additionally, while institutional holdings are high at 52.32% and have increased, the company has faced challenges with negative results over the last three quarters, including a significant drop in profits.
Broader Market Context: In the context of the broader market, RBL Bank's short-term performance has outpaced the Sensex, which has only increased by 1.13% over the past week. This strong performance is notable given the bank's recent struggles with declining profits and negative results, which have raised questions about its valuation. The stock is currently trading at a premium compared to its peers, with a Price to Book Value of 1.1, suggesting that while it has performed well recently, there are underlying issues that could affect its long-term stability. Overall, the stock's rise appears to be driven by recent high performance and institutional confidence, despite the backdrop of declining financial results.