Why is Motil.Oswal.Fin. falling/rising?

As of 09-Oct, Motilal Oswal Financial Services Ltd is experiencing a price increase, currently at Rs 980.10, which reflects a rise of Rs 56.15 or 6.08%. The stock has shown strong performance today, outperforming its sector by 5.28% and reaching an intraday high of Rs 988.1. Over the past week, the stock has gained 8.95%, and it has consistently outperformed the benchmark Sensex over various periods, including a remarkable 448.88% increase over the last three years. The company's strong long-term fundamentals are underscored by an average Return on Equity (ROE) of 23.63% and a healthy annual growth rate of 41.32% in operating profit, contributing positively to its recent price movement.
In the broader market context, while the stock has outperformed the Sensex in the short term, with a 1-week return of 8.95% compared to the Sensex's 1.47%, there is a notable decline in investor participation, as evidenced by a 46.76% drop in delivery volume against the 5-day average. Despite this decrease in trading volume, the stock remains liquid enough for significant trades, indicating ongoing interest. The consistent returns over the past three years, including a 24.85% return in the last year, further reinforce the stock's positive trajectory, even as it faces challenges with declining participation.