Why is CreditAcc. Gram. falling/rising?

As of 02-Jul, CreditAccess Grameen Ltd is experiencing a price increase, currently at 1,262.50, reflecting a rise of 7.65 or 0.61%. The stock has shown strong performance today, outperforming its sector by 1.84% and has been on a consecutive gain for the last two days, accumulating a total return of 4.5% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has increased by 4.73%, and year-to-date, it has surged by 42.07%, significantly outpacing the Sensex, which has only risen by 6.75%. The strong long-term fundamentals, including a 20.59% CAGR growth in operating profits and a 27.54% annual growth in net sales, contribute positively to the stock's recent upward movement, supported by high institutional holdings at 24.06%.
In the broader market context, CreditAccess Grameen Ltd's short-term return of 4.73% over the past week significantly outperforms the Sensex's return of 0.79% during the same period. This indicates that the stock is gaining traction relative to the overall market. The rising investor participation, evidenced by a 158.8% increase in delivery volume compared to the 5-day average, further supports the stock's upward momentum. The liquidity of the stock, which is adequate for trades of Rs 1.11 crore, also enhances its attractiveness to investors. Overall, the combination of strong fundamentals, positive technical indicators, and favorable market conditions is driving the stock's price rise.