Why is L&T Finance Ltd falling/rising?

As of 04-Sep, L&T Finance Ltd is experiencing a price increase, currently at Rs. 227.85, reflecting a rise of 0.75 (0.33%). The stock has shown strong performance recently, gaining 2.8% over the last two days and achieving a new 52-week high of Rs. 230.25. Over the past week, the stock has risen by 5.32%, and it has outperformed the benchmark Sensex, which increased by only 0.80%. Additionally, L&T Finance Ltd has demonstrated impressive long-term returns, with a year-to-date increase of 68.03% and a 34.78% rise over the past year, significantly outperforming the broader market. The stock's strong performance is supported by high institutional holdings, which have increased by 1.54% over the previous quarter, indicating confidence from knowledgeable investors.
In the broader market context, L&T Finance Ltd's recent gains contrast sharply with the Sensex's performance, which has seen a decline of 0.37% over the past month. Despite a decrease in investor participation, as indicated by a 31.95% drop in delivery volume compared to the five-day average, the stock remains liquid enough for trading. The overall market conditions have not hindered L&T Finance Ltd's upward trajectory, as it continues to outperform the benchmark indices over various time frames, showcasing its resilience and attractiveness to investors.