Why is Lodha Developers falling/rising?

As of 20-Aug, Lodha Developers Ltd is experiencing a price increase, currently at Rs 1,299.35, reflecting a rise of 42.05 points or 3.34%. The stock has shown strong performance today, outperforming its sector by 3.15% and achieving a consecutive gain over the last five days with a total return of 6.77%. Despite a decline of 10.04% over the past month, the stock has generated a positive return of 5.73% over the last week. The company has reported healthy long-term growth, with net sales increasing at an annual rate of 21.80% and operating profit at 23.52%. Positive results have been declared for the last seven consecutive quarters, contributing to investor confidence. However, there is a noted decrease in investor participation, with delivery volume falling by 16.94% against the five-day average.
In the broader market context, Lodha Developers' recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.64% over the past week. The stock's ability to generate consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods, further supports its upward movement. Additionally, high institutional holdings at 27.09% indicate strong backing from knowledgeable investors, which can enhance market confidence. Despite the stock's recent gains, its year-to-date performance remains negative at -6.43%, contrasting with the Sensex's positive return of 4.76% in the same period, highlighting the stock's volatility in the longer term.