Why is Chola Financial falling/rising?

As of 04-Jul, Cholamandalam Financial Holdings Ltd is experiencing a slight increase in its stock price, currently at Rs 2,091.70, reflecting a change of 3.5 (0.17%) upwards. The stock's performance today is in line with the sector, although it touched an intraday low of Rs 2,042.75, which represents a decline of 2.18%. Over the past week, the stock has shown a modest gain of 0.13%, while its one-month return stands at an impressive 14.87%. The company has demonstrated strong financial health, with positive results for the last ten consecutive quarters, including record net sales and cash equivalents. Additionally, the stock is trading at a discount compared to its peers, supported by high institutional holdings at 39.94%, indicating confidence from informed investors.
In the broader market context, Cholamandalam Financial has outperformed the benchmark Sensex, which has declined by 0.74% over the past week, while the stock has managed a slight gain. Year-to-date, the stock has surged by 49.60%, significantly outpacing the Sensex's 6.77% increase. However, there is a noted decline in investor participation, with delivery volume falling by 61.87% against the five-day average, which could indicate a potential concern for future trading activity. Despite this, the stock's consistent returns over the last three years and attractive valuation metrics suggest a strong underlying performance that may continue to support its price movement.