Why is Aptus Value Hou. falling/rising?

As of 11-Jul, Aptus Value Housing Finance India Ltd is experiencing a price increase, currently at Rs 347.65, reflecting a rise of Rs 4.55 or 1.33%. The stock has shown strong performance recently, with a consecutive gain over the last six days, resulting in an overall increase of 8.27% during this period. It has outperformed its sector by 1.97% today and is trading above all key moving averages, indicating positive momentum. The company's fundamentals are robust, with a strong average Return on Equity (ROE) of 15.35% and consistent growth in operating profit at an annual rate of 30.07%. Furthermore, the company has reported positive results for the last 14 consecutive quarters, with significant growth in net sales and profit after tax.
In the broader market context, Aptus Value Housing Finance has outperformed the benchmark Sensex in the short term, with a 1-week return of +6.99% compared to the Sensex's -1.12%. This trend of outperformance is consistent over the past month and year-to-date, where the stock has also shown significant gains. The high institutional holdings at 37.62% suggest strong confidence from knowledgeable investors, further supporting the stock's upward movement. However, it is worth noting that the stock is considered to have an expensive valuation with a Price to Book Value of 4, which could pose risks if market conditions change.