Why is Aadhar Hsg. Fin. falling/rising?

As of 15-Jul, Aadhar Housing Finance Ltd's stock price is rising, currently at 477.80, reflecting an increase of 18.8 or 4.1%. The stock has demonstrated strong performance recently, outperforming its sector by 3.29% today and achieving a consecutive gain over the last two days with a total return of 5.71%. It reached an intraday high of Rs 488.45, indicating positive momentum. The stock has also shown robust returns over various periods, with a 9.12% increase over the past month and a 13.22% rise year-to-date. Despite a slight decline in investor participation, the stock is trading above its moving averages, suggesting a strong upward trend. The company's strong long-term fundamentals, highlighted by a 27.44% CAGR growth in operating profits and positive quarterly results, further support this upward movement.
In the broader market context, Aadhar Housing Finance Ltd has outperformed the benchmark Sensex, which has declined by 1.36% over the past week while the stock itself has risen by 5.74%. This trend continues with the stock's year-to-date performance of 13.22% compared to the Sensex's 5.67%. The company's consistent profit growth, with a 22% increase over the past year, and a fair valuation indicated by a Price to Book Value of 3.2, contribute to investor confidence, reinforcing the stock's positive trajectory amidst a challenging market environment.