Why is Aadhar Hsg. Fin. falling/rising?

As of 07-Aug, Aadhar Housing Finance Ltd's stock price is currently at 503.05, reflecting an increase of 7.65 or 1.54%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and it outperformed its sector by 1.32%. It reached an intraday high of Rs 507.2, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has appreciated by 12.29%, significantly outperforming the Sensex, which has declined by 3.38% during the same period. The stock has also demonstrated strong long-term fundamentals, with a 27.44% compound annual growth rate (CAGR) in operating profits and a return on equity (ROE) of 14.3, contributing to its fair valuation.
In the broader market context, while Aadhar Housing Finance has shown a robust performance with a 21.86% return over the past year, the benchmark BSE500 has experienced a negative return of -1.34%. This indicates that the stock is not only resilient but also thriving in a challenging market environment. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 43.75% against the 5-day average, which could be a concern for future liquidity. Overall, the stock's recent rise can be attributed to its strong fundamentals and market-beating performance, despite some short-term fluctuations in investor activity.