Why is Sundaram Fin.Hol falling/rising?

As of 16-Sep, Sundaram Finance Holdings Ltd is experiencing a price increase, currently at 626.55, reflecting a rise of 19.2 or 3.16%. The stock has recently hit a new 52-week and all-time high of Rs. 647, and it has outperformed its sector by 2.88%. Over the past week, the stock has surged by 14.61%, and it has shown impressive returns of 30.59% over the last month and 109.30% year-to-date. The company's operating profit has demonstrated a strong annual growth rate of 26.89%, contributing to a positive sentiment among investors. Additionally, the stock's liquidity is favorable, with a delivery volume increase of 8.1% compared to the five-day average, indicating rising investor participation.
In the broader market context, Sundaram Finance Holdings Ltd has significantly outperformed the Sensex, which has only increased by 1.49% over the past week. This stark contrast highlights the stock's robust performance relative to the benchmark. The company has consistently generated returns, outperforming the BSE500 over the last three years, which further solidifies its strong market position. With a debt-equity ratio of 0.00 times and a healthy profit after tax growth of 43.5%, the fundamentals support the stock's upward trajectory, reinforcing investor confidence in its long-term growth potential.