Why is Chola Financial falling/rising?

As of 27-Jun, Cholamandalam Financial Holdings Ltd is experiencing a price increase, currently at Rs 2,089.00, reflecting a rise of Rs 60.5 or 2.98%. The stock has shown strong performance today, outperforming its sector by 2.89% and reaching an intraday high of Rs 2,134.45, which is 5.22% higher than its previous close. Despite a slight decline in investor participation, with delivery volume falling by 17.72% against the 5-day average, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a remarkable return of 62.68%, supported by consistent positive results over the last ten quarters, including record net sales and cash equivalents, indicating strong fundamentals that contribute to its upward movement.
In the broader market context, Cholamandalam Financial's short-term return of 2.30% over the past week slightly outpaces the Sensex's return of 2.00%. The stock's impressive year-to-date return of 49.41% also significantly exceeds the Sensex's 7.58%, showcasing its strong performance relative to the market. High institutional holdings at 39.94% suggest confidence from knowledgeable investors, further bolstering the stock's appeal. The attractive valuation, indicated by a low Price to Book Value and a favorable PEG ratio, positions the stock favorably compared to its peers, reinforcing investor sentiment and contributing to its rising price.