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

As of 04-Jul, the Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 262.20, reflecting a rise of 19.95 or 8.24%. The stock has recently hit a new 52-week high of Rs. 264.2 and has outperformed its sector by 8.11%. Over the past three days, the stock has gained 11.57%, and it is trading above all key moving averages, indicating strong momentum. Additionally, the company has reported its highest cash and cash equivalents at Rs. 142.00 crore and a low debt-equity ratio of 0.71 times, which are positive indicators for investors. The increasing participation from institutional investors, who have raised their stake by 0.59%, further supports the stock's upward movement.
In the broader market context, the stock has significantly outperformed the benchmark Sensex, which has seen a decline of 0.74% over the past week while the stock itself has risen by 11.48%. This stark contrast highlights the stock's strong performance relative to the market. Furthermore, the stock has consistently generated returns, outperforming the BSE500 over the last three years, which adds to investor confidence. The liquidity of the stock, supported by a delivery volume increase of 5.33% against the five-day average, also suggests a healthy trading environment, contributing to its rising price.