Why is Aadhar Hsg. Fin. falling/rising?

As of 18-Jul, Aadhar Housing Finance Ltd's stock price is rising, currently at Rs 504.85, reflecting an increase of Rs 2.85 or 0.57%. The stock has shown strong performance, with a 1-week return of +11.69% and a 1-month return of +14.86%, significantly outperforming the Sensex, which has seen a decline of -0.90% over the same week and a modest gain of +0.38% over the month. The stock is also close to its 52-week high, just 2.34% away from Rs 516.65. Despite a drop in investor participation, as indicated by a 56.73% decrease in delivery volume, the stock remains liquid enough for trading. The company's strong fundamentals, highlighted by a 27.44% CAGR growth in operating profits and positive results over the last four quarters, contribute to its upward price movement.
In the broader market context, Aadhar Housing Finance's impressive short-term returns contrast sharply with the benchmark Sensex, which has struggled recently. While the Sensex has only gained +4.63% year-to-date, Aadhar's stock has surged by +19.63% in the same period, showcasing its robust performance relative to the market. The company’s consistent profitability, with a return on equity of 14.3% and a fair valuation based on its price-to-book ratio, further supports investor confidence, despite the recent decline in trading volume. Overall, the stock's rise can be attributed to strong operational performance and favorable market conditions, even as broader market trends remain mixed.