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

As of 30-Jun, Tourism Finance Corporation of India Ltd is experiencing a slight decline in its stock price, currently at Rs. 235.05, reflecting a decrease of 0.15 (-0.06%). The stock has recently hit a new 52-week high of Rs. 240.65 but has underperformed its sector by 0.58%. After two consecutive days of gains, the stock is showing signs of a trend reversal. Despite trading above its moving averages across various time frames, there has been a notable drop in investor participation, with delivery volume decreasing by 26.92% compared to the 5-day average. However, the company maintains strong fundamentals, including the highest cash and cash equivalents at Rs. 142.00 crore and a low debt-equity ratio of 0.71 times, which supports its overall stability.
In the broader market context, the stock's performance over the past week shows a modest gain of 0.49%, while the benchmark Sensex has increased by 2.09%, indicating that the stock is lagging behind the market. Year-to-date, the stock has significantly outperformed the Sensex, with a return of 42.20% compared to the benchmark's 7.00%. The recent increase in institutional investor participation, who have raised their stake by 0.59%, suggests a positive outlook among more knowledgeable investors, which could provide some support to the stock despite its current decline. Overall, while the stock has shown strong long-term returns, recent short-term movements indicate a potential cooling off after reaching a peak.