Why is Sundaram Fin.Hol falling/rising?

As of 17-Sep, Sundaram Finance Holdings Ltd's stock price is currently at Rs 631.70, reflecting an increase of 5.15 (0.82%). The stock has shown strong performance, with a 10.55% rise over the past week and a remarkable 31.66% increase over the past month. It is also trading close to its 52-week high, just 2.42% away from Rs 647. Today's trading volume indicates rising investor participation, with a delivery volume of 4.25 lacs on 16 September, which is 81.58% higher than the 5-day average. The company has demonstrated consistent returns, outperforming the BSE500 over the last three years and achieving a 26.89% compound annual growth rate in operating profits, contributing positively to its recent price movement.
In the broader market context, Sundaram Finance Holdings Ltd has significantly outperformed the Sensex, which only increased by 1.43% over the past week, while the stock itself rose by over 10%. This stark contrast highlights the stock's strong momentum relative to the market. The company's solid fundamentals, including a healthy debt-equity ratio and impressive growth in operating profits and net income, further bolster investor confidence, supporting the stock's upward trajectory. Overall, the combination of strong performance metrics and positive investor sentiment has contributed to the stock's rising price.