Why is Edelweiss.Fin. falling/rising?

As of 16-Jul, Edelweiss Financial Services Ltd is experiencing a price increase, currently at 120.75, reflecting a rise of 7.25 or 6.39%. The stock has shown strong performance today, outperforming its sector by 6.35% and reaching an intraday high of Rs 121.35. Over the past week, the stock has risen by 5.55%, and it has generated an impressive return of 87.97% over the past year, significantly outperforming the Sensex, which has only increased by 2.38% during the same period. Despite a recent decline in profits and a negative growth rate in net sales, the stock is trading at a discount compared to its peers, supported by high institutional holdings that have increased by 1.27% over the previous quarter.
Broader market context indicates that while Edelweiss Financial Services has performed well in the short term, the broader market has faced challenges, with the Sensex declining by 1.08% over the past week. The stock's ability to maintain a positive trajectory despite broader market pressures suggests strong investor confidence, particularly among institutional investors who are better equipped to analyze the company's fundamentals. However, the falling investor participation, as evidenced by a 35.58% drop in delivery volume, may raise concerns about the stock's liquidity and future performance.