Why is LIC Housing Fin. falling/rising?

As of 16-Jul, LIC Housing Finance Ltd's stock price is rising, currently at Rs 637.00, reflecting an increase of Rs 18.15 or 2.93%. The stock has shown strong performance today, outperforming its sector by 1.58% and achieving a consecutive gain over the last three days with a total return of 5.54%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has reported positive results for the last three consecutive quarters, with a debt-equity ratio at its lowest and significant growth in net sales and profit before tax. However, despite a year-to-date return of 6.34%, the stock has underperformed over the past year with a decline of 21.02%.
In the broader market context, the stock has outperformed the Sensex in the short term, with a 1-week return of 5.32% compared to the benchmark's decline of 1.08%. This indicates that while the stock has faced challenges over the past year, it is currently gaining traction against the market backdrop. The high institutional holdings at 42.89% suggest confidence from larger investors, which may contribute to the stock's recent upward movement. Nonetheless, the company faces risks due to its slower long-term growth rates in net sales and operating profit, which could impact future performance.