Why is South Ind.Bank falling/rising?

As of 19-Nov, South Indian Bank Ltd's stock price is rising, currently at Rs. 41.06, reflecting an increase of 1.83 or 4.66%. The stock has recently hit a new 52-week high of Rs. 41.5 and has outperformed its sector by 4.22%. Over the past three days, the stock has gained 8%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has demonstrated strong performance over various periods, with a 25.72% increase over the last month and a remarkable 79.22% rise over the past year. Positive factors contributing to this upward movement include strong lending practices, a low Gross NPA ratio, a high Capital Adequacy Ratio, and significant institutional holdings, which have increased by 1.15% in the previous quarter.
In the broader market context, South Indian Bank's short-term return of 4.53% over the past week significantly outpaces the benchmark Sensex, which has only risen by 0.85%. This strong performance relative to the benchmark, combined with rising investor participation and liquidity, indicates a favorable sentiment towards the stock. However, it is important to note that there were flat results reported for the quarter ending September 25, which could pose risks if not addressed. Despite this, the overall market-beating performance and healthy long-term growth prospects continue to support the stock's rising trend.