Why is Sundaram Finance falling/rising?

As of 03-Jul, Sundaram Finance Ltd is experiencing a price increase, currently at ₹5,133.00, reflecting a rise of ₹57.5 or 1.13%. The stock has shown a positive trend today, outperforming its sector by 1.65% and reversing a two-day decline. It reached an intraday high of ₹5,185, which is a 2.16% increase. Over the past week, the stock has gained 5.55%, significantly outperforming the Sensex, which has fallen by 0.62%. Additionally, Sundaram Finance has demonstrated strong long-term performance, with a return on equity of 13.90%, and has consistently generated returns over the last three years, including an 11.69% return in the past year.
In the broader market context, while Sundaram Finance has shown a robust short-term performance, the Sensex has recorded a 3.10% gain over the past month, indicating that the stock's recent rise is particularly noteworthy against this backdrop. The stock's liquidity remains adequate for trading, despite a notable drop in delivery volume, which fell by 81.88% compared to the five-day average. High institutional holdings at 26.54% suggest confidence from knowledgeable investors, further supporting the stock's upward movement. Overall, the combination of strong fundamentals, positive recent performance, and favorable comparisons to the benchmark contributes to the stock's rising price.