Why is Repco Home Fin falling/rising?

As of 18-Aug, Repco Home Finance Ltd is currently priced at 372.30, reflecting an increase of 2.9 (0.79%). The stock has shown a trend reversal, gaining after eight consecutive days of decline, and reached an intraday high of Rs 380.7, which is a 3.06% increase. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.12%, and it has experienced a significant drop of 17.04% over the past month. Despite a year-to-date decline of 9.57% and a one-year drop of 22.44%, the company's profits have risen by 7.9%, suggesting a disconnect between stock performance and underlying fundamentals. The stock's attractive valuation, with a Price to Book Value of 0.7 and a PEG ratio of 0.6, along with strong long-term fundamentals indicated by an average Return on Equity (ROE) of 12.18%, may support its recent price increase.
In the broader market context, Repco Home Finance's short-term performance has lagged behind the benchmark Sensex, which has gained 0.83% over the past week, while Repco has fallen by 3.12%. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume dropping by 78.79% compared to the 5-day average. Despite these challenges, high institutional holdings at 34.42%, which have increased by 2.09% over the previous quarter, suggest that knowledgeable investors are confident in the company's long-term prospects. This institutional support may provide a buffer against further declines and contribute to the stock's recent upward movement.