Why is Sundaram Fin.Hol falling/rising?

As of 15-Sep, Sundaram Finance Holdings Ltd is experiencing a price increase, currently at 607.35, reflecting a rise of 23.05 or 3.94%. The stock has reached a new 52-week and all-time high of Rs.610 today and has outperformed its sector by 3.47%. Over the past week, the stock has shown a remarkable return of +16.34%, and over the last month, it has increased by +26.58%. The company has demonstrated strong long-term fundamental strength, with operating profits growing at a compound annual growth rate (CAGR) of 26.89%. However, there has been a notable decline in investor participation, with delivery volume falling by 30.93% against the 5-day average.
In the broader market context, the Sensex has only increased by 1.20% over the past week, highlighting Sundaram Finance Holdings Ltd's significant outperformance relative to this benchmark. The stock's year-to-date return of +102.89% further emphasizes its strong performance compared to the Sensex's +6.02%. This consistent outperformance over various periods, including a 54.05% return in the last year, indicates robust investor confidence in the company's fundamentals, despite the recent decline in delivery volumes. Overall, the stock's strong performance metrics and healthy financial indicators contribute positively to its rising price trend.