Why is Tour. Fin. Corp. falling/rising?

As of 24-Jun, Tourism Finance Corporation of India Ltd is experiencing a slight increase in its stock price, currently at Rs. 234.20, reflecting a change of 0.3 (0.13%) upwards. The stock has recently hit a new 52-week high of Rs. 238.7 and has shown a strong performance over the past three days, gaining 5.35%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has demonstrated impressive returns, with a year-to-date increase of 41.68% and a three-year growth of 390.47%. The company's strong financial position, highlighted by the highest cash and cash equivalents and the lowest debt-equity ratio, along with increasing institutional investor participation, has contributed to its recent upward movement.
In the broader market context, the stock has outperformed the benchmark Sensex significantly, with a weekly return of 8.03% compared to the Sensex's 0.58%. This trend of outperformance is consistent, as the stock has also surpassed the benchmark over one month, year-to-date, and over the past year. The rising investor participation, particularly from institutional investors who have increased their stake, suggests a growing confidence in the company's fundamentals. Overall, these factors indicate a robust demand for the stock, contributing to its rising price amidst a generally favorable market environment.