Why is Ujjivan Small falling/rising?

As of 10-Jun, Ujjivan Small Finance Bank Ltd's stock price is rising, currently at Rs. 51.36, reflecting an increase of 2.78 (5.72%). The stock has recently hit a new 52-week high of Rs. 51.8 and has outperformed its sector by 6.08%. Over the last four days, the stock has gained 18.48%, indicating strong momentum. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. The company has demonstrated strong long-term fundamental strength, with a Tier 1 Capital Adequacy Ratio of 24.50% and healthy growth in net interest income and net profit. Furthermore, high institutional holdings at 27.98% and an increase in delivery volume by 11.09% against the 5-day average indicate rising investor confidence.
In the broader market context, Ujjivan Small Finance Bank's short-term performance has significantly outpaced the benchmark, with a 1-week return of +17.66% compared to the Sensex's +2.05%. This stark contrast highlights the stock's strong appeal among investors, particularly in light of its recent technical improvements and bullish indicators such as MACD and Bollinger Bands. While the stock's one-year return of 2.56% is lower than the Sensex's 7.72%, the recent upward movement and positive investor sentiment suggest that the stock is currently favored in the market.