Why is Sundaram Finance falling/rising?

As of 22-Aug, Sundaram Finance Ltd's stock price is rising, currently at 5,272.40, reflecting an increase of 73.8 points or 1.42%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 17.33% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, the stock is close to its 52-week high, only 4.86% away from Rs 5528.85. Over the past year, Sundaram Finance has generated a return of 19.99%, significantly outperforming the BSE500 index, which has only seen a 0.31% increase. 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%, which suggests confidence from more sophisticated investors.
In the broader market context, Sundaram Finance's short-term performance has significantly outpaced the benchmark Sensex, which has only risen by 0.88% over the past week. This stark contrast highlights the stock's strong relative strength. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 21.8% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the stock's liquidity remains adequate for trading sizes of Rs 1.1 crore, supporting its ongoing positive performance in the market.