Why is Muthoot Microfin falling/rising?

As of 17-Nov, Muthoot Microfin Ltd's stock price is currently at Rs 173.75, reflecting an increase of Rs 3.35 or 1.97%. The stock has been gaining momentum recently, with a consecutive gain over the last two days resulting in a total return of 4.86%. It has outperformed its sector by 1.55% today and has traded above its moving averages across various time frames. Additionally, the stock has shown strong investor participation, with delivery volume increasing significantly. The company also reported positive financial results, including a substantial growth in operating cash flow and profit after tax, which are contributing to its strong long-term fundamentals.
In the broader market context, Muthoot Microfin's one-week return of 4.54% significantly outpaces the Sensex's return of 1.69%, indicating a strong performance relative to the benchmark. However, the stock's year-to-date performance shows a decline of 0.32%, contrasting with the Sensex's gain of 8.72%. This suggests that while the stock is currently experiencing a positive trend, it has faced challenges over a longer time frame. The high institutional holdings at 26.1% may also provide a stabilizing effect, as these investors typically have the resources to analyze the company's fundamentals more effectively than retail investors.