Why is Aavas Financiers falling/rising?

As of 13-Nov, Aavas Financiers Ltd. is experiencing a price increase, currently at Rs 1,740.00, reflecting a rise of Rs 36.4 or 2.14%. The stock has shown strong performance today, outperforming its sector by 2.69% and achieving a consecutive gain over the last two days with a total return of 7.52%. The stock reached an intraday high of Rs 1,774.95, indicating positive momentum. Additionally, the stock's delivery volume has surged by 320.78% compared to the 5-day average, suggesting rising investor participation. The company has demonstrated strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 12.54% and significant growth in net sales and operating profit, which supports the recent upward movement in its stock price. In the broader market context, Aavas Financiers has outperformed the benchmark Sensex in the short term, with a 1-week return of 8.50% compared to the Sensex's 1.40%. However, over a longer period, the stock has underperformed, with a 3-year return of -13.18% against the Sensex's 36.71%. This contrast highlights the stock's recent positive performance amidst a generally challenging longer-term trend. The overall market sentiment appears to be favorable for Aavas Financiers at this time, contributing to its rising stock price.