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

As of 03-Jul, the Tourism Finance Corporation of India Ltd's stock price is currently at Rs. 242.25, reflecting an increase of 0.45 (0.19%). The stock has recently hit a new 52-week high of Rs. 244.85 and has been gaining for the last two days, with a total return of 3.09% during this period. It is trading above all key moving averages, indicating strong momentum. Additionally, the stock has outperformed its sector by 0.71% today, and there has been a significant increase in investor participation, with delivery volume rising by 145.65% against the 5-day average. The company's financial health is robust, with the highest cash and cash equivalents at Rs. 142.00 crore and a low debt-equity ratio of 0.71 times, contributing to a fair valuation despite trading at a premium compared to peers.
In the broader market context, the stock's performance over the past week shows a gain of 5.05%, while the benchmark Sensex has declined by 0.62%. This indicates that Tourism Finance Corporation of India Ltd is outperforming the market significantly in the short term. Over the past year, the stock has generated a return of 17.45%, which is well above the Sensex's 4.07% increase, further highlighting its strong performance. Institutional investors have also increased their stake, suggesting confidence in the company's fundamentals, which may contribute to the stock's upward movement. Overall, the combination of strong financial metrics, positive investor sentiment, and consistent returns over the years supports the stock's rising price.