Why is M & M Fin. Serv. falling/rising?

As of 17-Oct, Mahindra & Mahindra Financial Services Ltd is experiencing a price increase, currently at Rs. 300.95, reflecting a rise of Rs. 7.7 or 2.63%. The stock has recently hit a new 52-week high of Rs. 305.6 and has outperformed its sector by 2.67%. Over the past week, the stock has shown a return of +6.78%, and year-to-date, it has increased by +16.56%. Despite this positive performance, there has been a notable decline in investor participation, with delivery volume falling by 23.36% against the 5-day average. The stock benefits from high institutional holdings at 41.67%, indicating strong support from investors who are typically better equipped to analyze the company's fundamentals.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.76% over the past week. This suggests that M & M Financial Services Ltd is not only performing well relative to its sector but also demonstrating resilience in a market that is growing at a slower pace. The stock's consistent trading above its moving averages further supports its upward trajectory, indicating a strong bullish sentiment among investors.