Why is Aptus Value Hou. falling/rising?

As of 17-Jul, Aptus Value Housing Finance India Ltd is experiencing a price increase, with the current price at Rs 344.50, reflecting a rise of Rs 7.5 or 2.23%. The stock has shown strong performance today, outperforming its sector by 2.8% and reaching an intraday high of Rs 346.45. Over the past week, the stock has gained 0.41%, and in the last month, it has increased by 8.06%. Despite a slight decline in delivery volume, the stock maintains a healthy liquidity level, and its long-term fundamentals are robust, evidenced by a consistent return on equity of 15.35% and significant growth in operating profit. The company has reported positive results for the last 14 consecutive quarters, contributing to investor confidence and driving the stock's upward movement.
In the broader market context, the stock's short-term performance contrasts with the Sensex, which has declined by 1.12% over the past week. Year-to-date, Aptus has outperformed the benchmark significantly, with a return of 18.73% compared to the Sensex's 5.27%. The high institutional ownership of 37.62% suggests that informed investors are confident in the company's prospects, further supporting the stock's rise. Overall, the combination of strong financial performance, positive investor sentiment, and favorable comparisons to the benchmark indicates a solid foundation for the stock's current upward trajectory.