Why is JSW Holdings falling/rising?

As of 30-Jun, JSW Holdings Ltd is experiencing a price increase, currently at 22,593.90, reflecting a rise of 403.9 or 1.82%. The stock has shown strong performance today, outperforming its sector by 1.3% and achieving a consecutive gain over the last two days with a total return of 7.02%. It reached an intraday high of Rs 22,635, indicating positive momentum. Over the past week, the stock has gained 5.71%, although it has seen a decline of 2.61% over the past month. Notably, the stock has demonstrated impressive long-term growth, with a staggering 214.51% return over the last year and a remarkable 619.14% increase over the past three years. The strong fundamentals are supported by a 15.18% CAGR growth in operating profits and high institutional holdings at 22.83%, which suggests confidence from knowledgeable investors.
In the broader market context, while the stock has outperformed the Sensex in the short term, with a 5.71% increase compared to the benchmark's 2.09% over the past week, it has lagged behind the Sensex over the past month, where the benchmark has gained 2.65%. This indicates that while JSW Holdings is currently on an upward trajectory, its recent performance is mixed when viewed against the broader market trends. The liquidity of the stock, with a delivery volume increase of 16.63% against the five-day average, further supports its rising price, suggesting that investor interest is growing.