Why is Ujjivan Small falling/rising?

As of 20-Oct, Ujjivan Small Finance Bank Ltd is experiencing a price increase, currently priced at Rs 51.23, reflecting a rise of Rs 2.48 or 5.09%. The stock has shown strong performance today, outperforming its sector by 5.29% and reaching an intraday high of Rs 51.5. It is also close to its 52-week high, just 1.11% away from Rs 51.8. Over the past week, the stock has gained 5.24%, and it has delivered impressive returns of 51.70% year-to-date. The bank's strong lending practices, indicated by a low Gross NPA ratio of 2.45% and a high Capital Adequacy Ratio of 24.50%, contribute positively to investor sentiment. Additionally, the increase in institutional holdings by 0.8% over the previous quarter suggests confidence from more sophisticated investors, further supporting the stock's upward movement.
In the broader market context, Ujjivan Small Finance Bank's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 2.47% over the past week. This trend of outperformance is consistent, as the stock has also surpassed the benchmark in returns over the past month and year. The stock's ability to maintain trading above its moving averages and the rising investor participation, with a notable increase in delivery volume, indicates strong market interest and liquidity. Overall, the combination of solid financial fundamentals and favorable market conditions has contributed to the stock's rising price.