Why is Tata Inv.Corpn. falling/rising?

As of 23-Sep, Tata Investment Corporation Ltd is experiencing a significant rise in its stock price, currently at 8,144.60, reflecting an increase of 865.15 or 11.88%. The stock has recently hit a new 52-week high of Rs. 8250 and has outperformed its sector by 11.55%. After two consecutive days of decline, the stock has reversed its trend, opening with a gain of 2.33% today and reaching an intraday high of Rs. 8250, which represents a 13.33% increase. Over the past week, the stock has shown a robust performance with a 15.67% increase, and it has consistently outperformed the benchmark Sensex over various periods, including a 19.35% year-to-date return compared to the Sensex's 5.07%. The company's strong long-term fundamentals, highlighted by a 19.68% CAGR growth in operating profits and consistent returns over the last three years, contribute positively to its recent price movement.
In the broader market context, Tata Investment Corporation's short-term performance stands in stark contrast to the Sensex, which has declined by 0.34% over the past week. This divergence indicates that investor sentiment towards Tata Investment Corporation remains strong despite broader market challenges. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 15.67% against the five-day average, suggesting a potential concern for future liquidity. Nonetheless, the stock's liquidity remains adequate for trading, and its performance metrics indicate a solid position relative to market benchmarks.