Why is Aptus Value Hou. falling/rising?

As of 06-Aug, Aptus Value Housing Finance India Ltd is experiencing a price increase, currently at 345.70, reflecting a rise of 2.9 or 0.85%. The stock has shown strong performance in the short term, with a 3.39% increase over the past week and a 6.39% increase over the past month, significantly outperforming the benchmark Sensex, which has declined by 1.15% and 3.46% respectively. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. However, there has been a notable decrease in investor participation, with delivery volume falling by 23.42% against the five-day average. The company's strong fundamentals, including a consistent return on equity of 15.35% and impressive operating profit growth, contribute positively to its stock performance, despite concerns regarding high valuation and reduced promoter confidence.
In the broader market context, Aptus Value Housing Finance has outperformed the Sensex, which has only gained 3.08% year-to-date compared to the stock's impressive 19.15% increase. The stock's performance over the past year, generating an 11.16% return, also surpasses the market's average return of 2.48%. While the stock's strong fundamentals and market-beating performance support its upward movement, the decline in promoter stake may raise concerns about future growth potential. Overall, the combination of solid financial results and favorable short-term performance against a declining benchmark suggests that the stock is rising due to its strong fundamentals, despite some underlying risks.