Why is JSW Holdings falling/rising?

As of 27-Jun, JSW Holdings Ltd is experiencing a price increase, currently at Rs 22,190.00, reflecting a rise of Rs 1,079.0 or 5.11%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 5.02% today and reached an intraday high of Rs 22,190. The stock's performance over the past year has been impressive, with a return of 217.65%, and it has consistently outperformed the BSE 500 over the last three years. However, there has been a decline in investor participation, as evidenced by a 16.87% drop in delivery volume compared to the five-day average. The stock maintains strong long-term fundamentals, with a 15.18% CAGR growth in operating profits and high institutional holdings at 22.83%, indicating confidence from knowledgeable investors.
In the broader market context, the stock's short-term return over the past week is +1.42%, which is lower than the benchmark Sensex's return of +2.00%. Despite this, the stock's year-to-date performance of +44.86% significantly outpaces the Sensex's +7.58%, showcasing its strong position in the market. The liquidity of the stock remains adequate for trading, further supporting its recent price movement. Overall, while the stock is currently rising, the decline in delivery volume and its relative underperformance in the short term compared to the benchmark may warrant caution among investors.