Why is M & M falling/rising?

As of 13-Aug, Mahindra & Mahindra Ltd's stock price is rising, currently at 3,282.65, reflecting an increase of 46.1 or 1.42%. The stock has shown strong performance today, outperforming its sector by 0.56% and has been on a consecutive gain streak for the last three days, accumulating a total return of 4.34% during this period. Additionally, it is trading close to its 52-week high, just 0.62% away from Rs 3,302.9. The stock's performance over various time frames is impressive, with a 1-week return of 1.69%, a 1-month return of 6.75%, and a year-to-date return of 9.09%, all significantly outperforming the benchmark Sensex, which has shown a decline in the same periods. The company's strong fundamentals, including a net sales growth rate of 14.41% and a net profit increase of 25.66%, along with high institutional holdings at 68.21%, contribute positively to investor sentiment and stock price movement.
Broader Market Context: The broader market context indicates that while the Sensex has experienced a slight decline of 0.01% over the past week and a more significant drop of 2.38% over the past month, Mahindra & Mahindra has managed to rise against this trend. 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 emphasizes its strength in a challenging market environment. This resilience, combined with the company's attractive valuation and positive financial results, positions Mahindra & Mahindra favorably compared to the broader market, contributing to its rising stock price.