Why is L&T Finance Ltd falling/rising?

As of 09-Sep, L&T Finance Ltd is currently priced at 233.85, reflecting a slight increase of 0.2 (0.09%). The stock has shown strong performance recently, gaining 5.43% over the past week and 19.52% over the last month. It is also trading above all key moving averages, indicating a positive trend. However, it has underperformed its sector by 0.46% today, and there has been a decline in investor participation, with delivery volume falling by 4.25% compared to the 5-day average. Despite this, the stock has high institutional holdings at 20.3%, which have increased by 1.54% over the previous quarter, suggesting confidence from larger investors. The stock's long-term performance is notable, with a 40.70% return over the past year and significant outperformance against the BSE500 over various time frames.
In the broader market context, L&T Finance Ltd's recent short-term return of 5.43% over the past week significantly outpaces the Sensex's return of 1.18% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction compared to the overall market. The strong institutional backing and the stock's ability to outperform benchmarks over the long term contribute positively to its price movement, despite the recent dip in trading volume and sector underperformance.