Why is Ujjivan Small falling/rising?

As of 29-Jul, Ujjivan Small Finance Bank Ltd's stock price is currently at 43.95, reflecting a slight increase of 0.13 or 0.3%. The stock has been gaining for the last two days, with a total return of 1.48% during this period. Despite a negative performance over the past week and month, where the stock fell by 6.89% and 9.85% respectively, it has shown a strong year-to-date return of 30.15%. The stock is currently trading above its 100-day and 200-day moving averages, indicating some positive momentum. Additionally, the bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.52% and a high Capital Adequacy Ratio of 24.50%, contribute positively to investor sentiment. However, the stock is trading at a premium compared to its peers, which may temper enthusiasm given the recent decline in profits.
In the broader market context, Ujjivan Small Finance Bank's short-term performance has outperformed the benchmark Sensex, which has declined by 1.03% over the past week. This relative strength may attract investor interest, particularly as institutional holdings have increased by 8.4% over the previous quarter, suggesting confidence from larger investors. While the stock has faced challenges with a year-over-year return of -0.52% and a significant profit drop of 58%, the overall liquidity and rising investor participation indicate a potential for recovery. The stock's ability to maintain a positive trajectory amidst broader market fluctuations may be a key factor in its recent price movement.