Why is IIFL Finance falling/rising?

As of 05-Sep, IIFL Finance Ltd is experiencing a price increase, currently at 436.00, reflecting a change of 3.35 (0.77%) upward. The stock has shown a performance today that outperformed its sector by 0.28%. However, it is important to note that while the stock is currently above its 5-day and 200-day moving averages, it is below its 20-day, 50-day, and 100-day moving averages. In terms of returns, over the past week, the stock has increased by 1.40%, while it has decreased by 0.33% over the past month. Despite a year-to-date increase of 5.33%, the stock has seen a decline of 7.13% over the past year. The recent drop in investor participation, with a delivery volume that fell by 43.85% against the 5-day average, could indicate a cautious sentiment among investors. Nonetheless, the company maintains strong long-term fundamentals, with an average Return on Equity (ROE) of 14.71% and high institutional holdings at 34.71%, which have increased by 1.14% over the previous quarter.
In the broader market context, IIFL Finance's short-term performance has outpaced the benchmark Sensex, which increased by 1.13% over the same week. This suggests that while the stock is facing some challenges, particularly in terms of declining investor participation, it is still managing to attract attention relative to the overall market. The stock's liquidity remains adequate for trading, based on 2% of the 5-day average traded value, which supports its ongoing performance. Overall, the combination of strong institutional backing and positive short-term returns compared to the benchmark may contribute to the stock's resilience despite some negative indicators.