Why is Ujjivan Small falling/rising?

As of 27-Oct, Ujjivan Small Finance Bank Ltd's stock price is rising, currently at Rs. 54.01, reflecting an increase of Rs. 2.03 or 3.91%. The stock has recently hit a new 52-week high of Rs. 54.35 and has outperformed its sector by 3.49%. Over the past three days, the stock has gained 7.01%, and it is trading above all its moving averages, indicating strong upward momentum. Additionally, the stock has shown impressive returns, with a 22.44% increase over the past month and a remarkable 59.93% year-to-date performance. The bank's strong lending practices, evidenced by a low Gross NPA ratio of 2.45% and a high Capital Adequacy Ratio of 24.50%, contribute positively to investor sentiment. Furthermore, the increase in institutional holdings by 0.8% over the previous quarter suggests confidence from knowledgeable investors.
In the broader market context, Ujjivan Small Finance Bank has significantly outperformed the benchmark Sensex, which has only increased by 0.49% over the past week and 5.41% over the past month. The stock's performance is particularly notable given its 50.61% return over the last year compared to the Sensex's 6.77%. Despite a recent decline in delivery volume, which fell by 20.5% against the 5-day average, the stock remains liquid enough for trading, indicating ongoing interest. Overall, the combination of strong fundamentals, positive institutional sentiment, and substantial outperformance relative to the market has driven the stock's recent rise.