Why is C D S L falling/rising?

As of 21-Jul, Central Depository Services (India) Ltd is experiencing a price increase, currently at 1,731.50, which reflects a rise of 33.0 or 1.94%. The stock has shown a strong performance today, outperforming its sector by 1.08%. In terms of returns, the stock has gained 3.23% over the past week and 2.71% over the past month, while it has generated an impressive 51.54% return over the last year. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 40.84% compared to the 5-day average. Despite this, the stock maintains a healthy liquidity level, sufficient for trading sizes of Rs 8.4 crore. The company benefits from strong long-term fundamentals, with an average return on equity of 26.52% and significant growth in net sales and operating profit.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark, the Sensex, which has only increased by 0.03% over the past week. While the stock has shown a decline of 1.54% year-to-date, it has consistently outperformed the Sensex over longer periods, including a 206.64% increase over the last three years compared to the benchmark's 51.10%. The high institutional holdings at 26.75% indicate confidence from more knowledgeable investors, further supporting the stock's positive outlook despite the recent drop in delivery volume. Overall, the combination of strong fundamentals and recent performance trends contributes to the stock's rising price.