Why is South Ind.Bank falling/rising?

As of 25-Jun, South Indian Bank Ltd's stock price is rising, currently at 30.56, reflecting an increase of 0.69 or 2.31%. The stock has been gaining momentum, having outperformed its sector by 2.02% today and achieving a consecutive gain over the last two days with a total return of 5.05%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock is close to its 52-week high, just 2.09% away from Rs 31.2. Despite a slight decline in investor participation, with delivery volume down by 10.62% against the 5-day average, the stock remains liquid enough for trading.
In the broader market context, South Indian Bank's short-term performance has been strong, with a 3.14% increase over the past week compared to a 1.61% rise in the Sensex. The bank's robust fundamentals, including a low Gross NPA ratio of 3.20%, a high Capital Adequacy Ratio of 15.28%, and a significant annual net profit growth rate of 65.61%, contribute positively to its valuation. Additionally, the stock has shown consistent returns over the past three years, outperforming the BSE 500 in each of the last three annual periods. However, there are concerns regarding flat results in March, where the profit before tax was notably low, indicating potential risks that could affect future performance.