Why is LIC Housing Fin. falling/rising?

As of 15-Jul, LIC Housing Finance Ltd's stock price is rising, currently at Rs 618.85, reflecting an increase of Rs 11.35 or 1.87%. The stock has shown positive momentum, gaining 2.54% over the last two days and outperforming its sector by 0.89% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the company has reported positive results for the last three consecutive quarters, with a low debt-equity ratio and significant growth in net sales and profit before tax. Despite a one-year return of -22.89%, the stock's profits have increased by 14.3%, suggesting that it is undervalued compared to its peers.
In the broader market context, LIC Housing Finance Ltd has outperformed the Sensex over the past week and month, with returns of 2.02% and 3.14%, respectively, while the Sensex has declined by 1.36% and increased by 1.79%. However, the stock has underperformed over the past year, contrasting sharply with the market's positive return of 2.36%. The high institutional holdings at 42.89% indicate strong confidence from larger investors, which may contribute to the stock's recent rise. Nonetheless, concerns about long-term growth persist, as the company's net sales and operating profit have grown at relatively low annual rates.