Why is Cholaman.Inv.&Fn falling/rising?

As of 05-September, Cholamandalam Investment & Finance Company Ltd's stock price is rising, currently at 1,489.15, reflecting an increase of 27.55 or 1.88%. The stock has been performing well recently, having outperformed its sector by 1.39% today and achieving a consecutive gain over the last three days, with a total return of 3.9% during this period. The stock also reached an intraday high of Rs 1495.3, indicating strong buying interest. Additionally, the stock's performance over the past week shows a gain of 4.55%, while year-to-date returns stand at an impressive 25.50%. The company has demonstrated strong long-term fundamental strength, with a consistent average Return on Equity (ROE) of 17.64% and significant growth in net sales and operating profit.
In the broader market context, Cholamandalam's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.13% over the past week. The stock's rising investor participation, evidenced by a 54.45% increase in delivery volume, further supports its upward movement. The high institutional holdings at 44.02% suggest that knowledgeable investors are confident in the company's fundamentals, which have shown positive results for the last 11 consecutive quarters. This combination of strong financial performance and favorable market conditions contributes to the stock's rising trajectory.