Why is Indus Finance falling/rising?

As of 04-Sep, Indus Finance Ltd's stock price is currently at Rs 47.70, reflecting an increase of Rs 1.33, or 2.87%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It opened with a significant gap up of 4.59% and reached an intraday high of Rs 48.5. Despite this, the stock also experienced a low of Rs 44.4 during the day. Notably, the stock has outperformed its sector by 2.46% today, and there has been a rise in investor participation, with delivery volume increasing by 43.19% compared to the 5-day average. Year-to-date, the stock has appreciated by 7.67%, and over the past year, it has surged by 98.75%, indicating strong long-term performance.
In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, while Indus Finance has slightly underperformed with a decline of 0.62%. However, the stock's year-to-date performance of 7.67% significantly surpasses the Sensex's return of 3.30%. This suggests that while the stock may face short-term volatility, its long-term trajectory remains strong. The stock's current trading liquidity is adequate, allowing for trades of Rs 0 crore, which supports its recent price movements. Overall, the combination of a positive trend reversal, increased investor interest, and solid long-term returns contributes to the stock's rising price.