Why is Sundaram Fin.Hol falling/rising?

As of 17-Jul, Sundaram Finance Holdings Ltd is experiencing a price increase, currently at 514.15, reflecting a rise of 7.3 or 1.44%. The stock has shown strong performance, outperforming its sector by 1.77% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 120.1% compared to the 5-day average. Over the past week, the stock has gained 4.36%, and it has delivered impressive returns of 91.85% over the past year, significantly outperforming the BSE500 index.
In the broader market context, while the Sensex has seen a decline of 0.96% over the past week, Sundaram Finance Holdings Ltd has managed to thrive, showcasing its resilience and strong fundamentals. The company has demonstrated a robust long-term growth trajectory, with operating profits growing at a compound annual growth rate (CAGR) of 27.53%. Despite facing challenges such as a significant drop in earnings per share and net sales, the stock's consistent returns over the last three years and the support from majority shareholders have contributed to its positive price movement.