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

As of 15-Jul, the Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 290.70, reflecting a rise of 1.5 (0.52%). The stock has recently hit a new 52-week high of Rs. 294.75 and has been on a gaining streak for the last four days, accumulating a total return of 3.6% during this period. 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. Institutional investors have also increased their stake, suggesting growing confidence in the company's fundamentals.
In the broader market context, the stock has outperformed the benchmark Sensex significantly over various time frames, including a 33.23% increase over the past month compared to the Sensex's 1.79% rise. This strong performance is further supported by rising investor participation, with a notable increase in delivery volume. Despite underperforming its sector slightly today by 0.29%, the overall trend remains positive, bolstered by consistent returns over the past three years and increasing institutional interest, which enhances the stock's appeal to retail investors.