Why is Aadhar Hsg. Fin. falling/rising?

As of 18-Sep, Aadhar Housing Finance Ltd is experiencing a price increase, currently at Rs 541.00, reflecting a rise of Rs 4.0 or 0.74%. The stock is trading close to its 52-week high, just 1.18% away from Rs 547.4, and has outperformed its sector by 0.41% today. Additionally, Aadhar Housing Finance has shown strong performance over various periods, with a 1-week return of 6.97% and a year-to-date return of 28.20%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The increase in delivery volume by 1.6% against the 5-day average suggests rising investor participation, further supporting the stock's upward movement. The company has demonstrated strong long-term fundamentals, with operating profits growing at a compound annual growth rate (CAGR) of 27.44%, and a return on equity (ROE) of 14.3, contributing to its fair valuation.
In the broader market context, Aadhar Housing Finance has significantly outperformed the benchmark, with a 1-year return of 17.49% compared to the BSE500's negative return of -1.96%. This strong performance highlights the stock's resilience and attractiveness to investors, especially given the healthy growth in profits, which have risen by 22% over the past year. The stock's liquidity is also favorable, allowing for substantial trade sizes, which can enhance investor confidence. Overall, the combination of strong fundamentals, positive technical indicators, and outperformance against the market contributes to the stock's rising price.