Why is Muthoot Microfin falling/rising?

As of 18-Sep, Muthoot Microfin Ltd's stock price is currently at Rs 173.45, reflecting an increase of Rs 10.35 or 6.35%. The stock has shown a strong performance today, outperforming its sector by 6.02% and achieving a consecutive gain over the last three days, with a total return of 7.13% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company recently reported positive results after three consecutive negative quarters, with significant growth in operating cash flow and profit after tax, which has likely contributed to the stock's upward movement. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 12.93% against the 5-day average.
In the broader market context, Muthoot Microfin's short-term performance has outpaced the benchmark Sensex, which has risen by 1.80% over the past week, compared to the stock's increase of 4.14%. This trend continues over the past month, where the stock has gained 8.71% while the Sensex has only increased by 2.14%. Despite a year-to-date decline of 0.49% for Muthoot Microfin, the strong long-term fundamental strength, highlighted by a 45.40% CAGR growth in net sales and high institutional holdings at 25.89%, suggests that the stock may have potential for recovery, further supporting its recent rise.