Why is Tata Steel falling/rising?

As of 08-Sep, Tata Steel Ltd's stock price is currently at Rs. 168.85, reflecting an increase of 1.2 (0.72%). The stock has recently hit a new 52-week high of Rs. 172.45 and has shown a positive performance with a consecutive gain over the last two days, resulting in a total return of 1.26%. Despite this, it underperformed its sector by 0.57% today. Over the past week, Tata Steel has outperformed the Sensex, with a return of 8.10% compared to the benchmark's 0.53%. The company has demonstrated strong financial health, with a significant growth in net profit and consistent positive results over the last two quarters, contributing to its appeal as a strong buy.
Broader market context indicates that Tata Steel's performance has been robust compared to the broader market, as evidenced by its year-to-date return of 22.27% against the Sensex's 3.39%. The stock's high institutional holdings at 43.98% suggest confidence from larger investors, which can positively influence market sentiment. Additionally, Tata Steel's attractive valuation and high management efficiency, reflected in its strong ROCE and growth metrics, further bolster its position in the market. However, a notable decline in investor participation, with delivery volume falling by 46.74% against the 5-day average, may raise concerns about sustained momentum. Overall, while the stock is rising, the mixed signals regarding liquidity and participation could impact future performance.