Why is Poonawalla Fin falling/rising?

As of 07-Aug, Poonawalla Fincorp Ltd is experiencing a price increase, currently at 444.30, reflecting a rise of 3.6 points or 0.82%. The stock has shown strong performance recently, gaining 5.95% over the last four days and outperforming its sector by 0.6% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has delivered a 26.35% return over the past year, significantly outperforming the BSE500 benchmark in both the short and long term. High institutional holdings at 23.03%, which have increased by 1.93% over the previous quarter, suggest confidence from knowledgeable investors, further supporting the stock's upward movement.
In the broader market context, Poonawalla Fincorp's recent 1-week return of +4.20% contrasts sharply with the Sensex, which has declined by 0.69% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the broader market. Despite a decline in delivery volume by 38.2% against the 5-day average, the stock remains liquid enough for trading, suggesting that while investor participation may be falling, the stock's overall performance continues to attract attention and investment.