Why is Sundaram Finance falling/rising?

As of 21-Aug, Sundaram Finance Ltd is experiencing a price increase, currently at 5,198.60, with a change of 21.9, representing a 0.42% rise. The stock has shown strong performance recently, gaining 15.69% over the last five days and outperforming its sector by 0.41% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has demonstrated impressive returns over various periods, including a 25.12% increase year-to-date and a remarkable 155.35% rise over the past three years. Additionally, the company benefits from strong long-term fundamentals, with an average Return on Equity (ROE) of 13.90% and high institutional holdings at 26.63%, suggesting confidence from knowledgeable investors.
In the broader market context, Sundaram Finance's short-term return of 15.12% over the past week significantly outpaces the Sensex, which has only risen by 1.74% in the same period. This indicates that the stock is not only performing well on its own but is also gaining traction compared to the overall market. The consistent returns over the last three years further solidify its position, as it has outperformed the BSE500 in each of the last three annual periods. Overall, the combination of strong recent performance, positive investor sentiment, and solid fundamentals contributes to the stock's rising price.