Why is Indus Finance falling/rising?

As of 29-Oct, Indus Finance Ltd is experiencing a price increase, currently at Rs 51.00, reflecting a rise of Rs 2.56 or 5.28%. The stock has shown strong performance recently, gaining 8.14% over the last four days and outperforming its sector by 5.22% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 36.33% compared to the 5-day average. The stock's performance over various periods is impressive, with a year-to-date return of 15.12% and an annual return of 111.09%, significantly surpassing the benchmark Sensex.
Broader Market Context: In the short term, Indus Finance's 1-week return of 2.18% outpaces the Sensex's return of 0.68%, highlighting its strong performance relative to the broader market. Over the past month, the stock has gained 14.89%, again exceeding the Sensex's 5.76% increase. This consistent outperformance suggests that investor sentiment remains positive towards Indus Finance, despite the recent drop in delivery volume, which may indicate a temporary dip in trading activity rather than a fundamental weakness in the stock's outlook.