Why is PNB Housing falling/rising?

As of 27-Jun, PNB Housing Finance Ltd's stock price is currently at 1,103.70, reflecting a decrease of 9.3 points or 0.84%. Despite this decline, the stock has shown strong performance in recent periods, with a 4.98% increase over the past week and a remarkable 40.46% rise over the last year. Today's performance indicates a slight reversal after five consecutive days of gains, although the stock remains above its moving averages across various time frames. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 202.33% compared to the five-day average. The company has consistently reported positive results over the last ten quarters, including record net sales and operating profit margins, which contribute to its fair valuation and strong institutional support.
In the broader market context, PNB Housing Finance has outperformed the Sensex, which has only increased by 2.00% over the past week, while PNB Housing's performance has been significantly better at 4.98%. This trend of outperformance is consistent over longer periods as well, with the stock beating the benchmark in various time frames, including a 306.50% increase over three years compared to the Sensex's 58.12%. The high institutional holdings at 51.32% suggest that knowledgeable investors are confident in the company's fundamentals, further supporting the stock's resilience despite the recent price drop.