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

As of 02-Jul, the Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 241.80, reflecting a rise of Rs. 6.8 or 2.89%. The stock has recently hit a new 52-week high of Rs. 244.45 and has shown a trend reversal after two consecutive days of decline. It outperformed its sector by 4.12% today, although it did see a day's low of Rs. 229.3. Over the past week, the stock has gained 5.06%, and year-to-date, it has surged by 46.28%. Positive factors contributing to this rise include the highest cash and cash equivalents at Rs. 142.00 crore, a low debt-equity ratio of 0.71, and the highest net sales in the last quarter at Rs. 68.04 crore. Additionally, institutional investors have increased their stake, indicating growing confidence in the company.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark, with a 5.06% increase over the past week compared to the Sensex's 0.79% rise. This strong performance is further supported by consistent returns over the last three years, where the stock has outperformed the BSE500 annually. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 13.84% against the five-day average, which could indicate some caution among retail investors despite the positive institutional interest.