Why is Home First Finan falling/rising?

As of 24-Jul, Home First Finance Company India Ltd is experiencing a price increase, currently at 1,419.00, which reflects a rise of 11.8 or 0.84%. The stock has shown strong performance recently, outperforming its sector by 1.71% today and has gained 3.55% over the last four days. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has demonstrated impressive returns over various periods, including a 35.14% increase over the past year and a 73.43% rise over the last three years. The company has also reported strong long-term fundamentals, with a 36.14% CAGR growth in operating profits and consistent positive results for the last 15 quarters, which has likely contributed to the stock's upward movement.
In the broader market context, Home First Finance's short-term return of +1.79% over the past week contrasts sharply with the Sensex, which has seen a slight decline of 0.09%. This indicates that the stock is performing well relative to the overall market. The high institutional holdings at 59.08% suggest confidence from larger investors, further supporting the stock's rise. However, it is worth noting that the stock is trading at a premium valuation, with a Price to Book Value of 5.8, which may present risks if the company's growth does not continue to meet investor expectations. Overall, the combination of strong performance metrics and positive investor sentiment appears to be driving the stock's recent gains.