Why is South Ind.Bank falling/rising?

As of 20-Oct, South Indian Bank Ltd's stock price is rising, currently at Rs 37.80, reflecting an increase of 5.14 or 15.74%. The stock has reached a new 52-week high of Rs 38.97 today and has significantly outperformed its sector by 15.94%. Over the past week, the stock has risen by 14.41%, and it has shown impressive returns of 51.08% year-to-date and over the past year. Despite a recent decline in delivery volume, the stock remains liquid enough for trading, and it is trading above all key moving averages, indicating a strong upward trend. The company's strong lending practices, low Gross NPA ratio, high Capital Adequacy Ratio, and healthy profit growth contribute positively to its valuation, making it attractive to investors.
In the broader market context, South Indian Bank's performance has outpaced the benchmark Sensex, which has only increased by 2.47% over the past week and 7.97% year-to-date. The stock's long-term performance is also noteworthy, with a remarkable 292.23% increase over the past three years compared to the Sensex's 42.50%. The high institutional holdings at 28.68% suggest confidence from larger investors, further supporting the stock's upward movement. However, the recent flat results in September, including the lowest NII and operating profit margins, indicate potential risks that could affect future performance. Overall, the combination of strong fundamentals and market-beating performance has driven the stock's rise.