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

As of 13-Aug, the Tourism Finance Corporation of India Ltd is experiencing a rise in its stock price, currently at Rs. 298.00, reflecting an increase of Rs. 11.95 or 4.18%. The stock has recently hit a new 52-week and all-time high of Rs. 303.55, demonstrating strong performance today with a 6.35% return over the last two days. Additionally, the stock has outperformed its sector by 3.27%. Over the past year, it has generated a remarkable 64.05% return, and its performance over the last three years shows an impressive increase of 420.52%. Positive financial indicators, such as the highest cash and cash equivalents and a low debt-equity ratio, along with increasing participation from institutional investors, have contributed to the stock's upward momentum.
In the broader market context, the stock's short-term return of 3.98% over the past week contrasts with the Sensex, which has remained flat at -0.01%. This indicates that the stock is performing well relative to the overall market. The consistent returns over the last three years and the recent increase in institutional investor stakes further bolster investor confidence, suggesting a favorable outlook for the stock despite a slight decline in delivery volume. Overall, the combination of strong financial performance and positive market sentiment has driven the stock's recent rise.