Why is India Home Loans falling/rising?

As of 24-Oct, India Home Loans Ltd is experiencing a price increase, currently at Rs 38.88, reflecting a rise of 3.61 or 10.24%. Today's performance indicates a positive trend, as the stock has outperformed its sector by 9.58% and has gained after two consecutive days of decline. It opened with a gain of 3.4% and reached an intraday high of Rs 40, showcasing significant upward momentum. However, despite this positive movement, there has been a notable decrease in investor participation, with delivery volume falling by 33.93% compared to the five-day average. The stock is also trading above its moving averages, indicating a bullish trend, but the high volatility of 5.74% suggests that the stock is experiencing fluctuations in trading activity.
In the broader market context, India Home Loans' one-week return of 8.94% significantly outpaces the Sensex's return of 0.31%, highlighting strong short-term performance relative to the benchmark. However, over the past month, the stock has underperformed with a decline of 1.12%, while the Sensex has gained 3.05%. Year-to-date, the stock has a return of 8.97%, which is slightly above the Sensex's 7.77%. This mixed performance indicates that while the stock is currently rising, it has faced challenges in maintaining consistent growth compared to the broader market trends.