Why is Tata Inv.Corpn. falling/rising?

As of 10-Jun, Tata Investment Corporation Ltd is experiencing a price increase, currently at 7,338.65, reflecting a rise of 424.15 or 6.13%. The stock has shown strong performance today, outperforming its sector by 6.46% and achieving a consecutive gain over the last four days, with a total return of 10.8% during this period. It reached an intraday high of Rs 7,425.95, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decline in delivery volume by 20.1% against the 5-day average, the stock's long-term fundamentals remain strong, with a 20.48% CAGR growth in operating profits and consistent returns over the past three years, although it has faced negative results in recent months, including significant declines in net sales and profits.
In the broader market context, Tata Investment Corporation has outperformed the Sensex significantly, with a 1-week return of 10.11% compared to the Sensex's 2.05%, and a 1-month return of 25.97% against the Sensex's 3.70%. This strong performance indicates a robust investor sentiment towards the stock, despite its relatively low domestic mutual fund ownership, which may suggest caution among institutional investors. The stock's technical indicators are also in a mildly bullish range, contributing to its upward momentum, even as it faces challenges from recent negative financial results.