Why is Edelweiss.Fin. falling/rising?

As of 15-Sep, Edelweiss Financial Services Ltd is experiencing a price increase, with its current price at Rs 116.35, reflecting a rise of 1.35 (1.17%). The stock has shown positive momentum, gaining consecutively for the last two days with a total return of 3.19% during this period. It has outperformed its sector by 0.7% today and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 45.33% compared to the 5-day average. Despite a year-to-date decline of 6.02% and a 1-year drop of 7.03%, the stock has performed well over the last month with a return of 20.82%. The high institutional holdings at 29.09% suggest that informed investors are backing the stock, which may contribute positively to its recent upward movement. In the broader market context, the Sensex has shown a positive return of 1.24% over the past week, while Edelweiss Financial Services Ltd has declined by 1.10% in the same period. However, the stock's strong performance over the last month, significantly outpacing the benchmark's 1.47% return, indicates a potential recovery phase. The overall market sentiment appears to be favorable, which may be supporting the stock's recent gains despite its longer-term underperformance compared to the benchmark.