Why is Jio Financial falling/rising?

As of 18-Sep, Jio Financial Services Ltd is experiencing a price increase, with its current price at 317.25, reflecting a change of 1.55 (0.49%) upward. The stock has shown a positive trend, gaining for the last seven days and achieving a total return of 2.97% during this period. Although the stock is down 3.72% over the past month and 8.51% year-over-year, it has a year-to-date return of 6.19%. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a generally positive momentum, despite being below its 50-day moving average. Additionally, there has been a rise in investor participation, with delivery volume increasing by 1.47% against the 5-day average, and the stock is deemed liquid enough for trading. In the broader market context, Jio Financial's short-term return of 2.11% over the past week outperforms the Sensex, which has risen by 1.80% in the same period. This suggests that the stock is gaining traction relative to the benchmark. The company's strong long-term fundamentals, highlighted by a remarkable 462.61% compound annual growth rate in operating profits and a 600.50% annual growth rate in net sales, contribute positively to its recent performance. Furthermore, the increase in institutional holdings by 1.13% indicates confidence from larger investors, who typically have more resources to analyze the company's fundamentals, reinforcing the stock's upward movement.