Why is PNB Housing falling/rising?

As of 15-Jul, PNB Housing Finance Ltd's stock price is rising, currently at 1,102.00, reflecting an increase of 14.2 points or 1.31%. The stock has shown strong performance today, outperforming its sector by 0.33% and has been on a consecutive gain streak for the last two days, accumulating a total return of 2.7% during this period. Notably, PNB Housing is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The company has reported positive results for the last ten consecutive quarters, with net sales and operating profit reaching their highest levels, contributing to a favorable valuation with a price-to-book ratio of 1.7. However, there are concerns regarding long-term growth, as net sales have declined at an annual rate of -2.00%.
In the broader market context, PNB Housing has outperformed the Sensex, which has seen a decline of 1.36% over the past week while PNB Housing has increased by 1.47%. The stock's year-to-date return of 25.23% significantly surpasses the Sensex's 5.67%, showcasing its strong market performance. Additionally, the stock has demonstrated impressive long-term returns, with a 301.71% increase over the past three years compared to the benchmark's 53.59%. The high institutional holdings at 51.32% suggest confidence from knowledgeable investors, further supporting the stock's upward movement despite the noted risks.