Why is L&T Finance Ltd falling/rising?

As of 19-Sep, L&T Finance Ltd is currently priced at 246.75, reflecting a decrease of 0.65 or 0.26%. The stock has recently experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, it remains close to its 52-week high, just 1.7% away from Rs 250.95. Over the past week, the stock has increased by 5.00%, and it has shown impressive returns of 81.97% year-to-date and 205.57% over the past three years, significantly outperforming the benchmark Sensex. Additionally, the stock has high institutional holdings at 20.3%, which have increased by 1.54% over the previous quarter, indicating strong confidence from institutional investors.
In the broader market context, L&T Finance Ltd's performance over the last week and month has outpaced the Sensex, which has only risen by 0.88% and 1.20%, respectively. This suggests that while the stock is currently experiencing a slight decline, its overall trajectory remains strong compared to the market. The rising investor participation, as evidenced by a 65% increase in delivery volume, further supports the stock's liquidity and attractiveness to investors. Thus, despite the recent dip, the stock's long-term performance and institutional backing indicate a resilient position in the market.