Why is L&T Finance Ltd falling/rising?

As of 11-Sep, L&T Finance Ltd is currently priced at Rs 233.50, reflecting an increase of Rs 0.95 or 0.41%. The stock is trading close to its 52-week high, just 1.26% away from Rs 236.5, and has outperformed its sector by 0.54% today. Over the past week, the stock has risen by 2.48%, and it has shown impressive returns of 18.08% over the past month and 72.20% year-to-date. Despite a recent decline in delivery volume, which fell by nearly 50% against the 5-day average, the stock remains liquid enough for trading. Additionally, the high institutional holdings at 20.3%, which have increased by 1.54% over the previous quarter, suggest strong confidence from knowledgeable investors, contributing positively to the stock's performance.
In the broader market context, L&T Finance Ltd has significantly outperformed the benchmark Sensex, which has only increased by 1.03% over the past week and 4.36% year-to-date. The stock's long-term performance is also noteworthy, with a 39.82% return over the past year and a remarkable 194.64% increase over the last three years, indicating a strong market position. This consistent outperformance in both short-term and long-term metrics highlights the stock's resilience and attractiveness to investors, further supporting its upward price movement.