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

As of 14-Aug, the Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 309.25, reflecting a rise of Rs. 11.25 or 3.78%. The stock has recently hit a new 52-week and all-time high of Rs. 310.7, outperforming its sector by 3.38%. Over the past three days, the stock has gained 10.37%, and it is trading above all key moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 286.24% compared to the five-day average. The company has demonstrated strong financial health, with the highest cash and cash equivalents recorded at Rs. 142.00 crore and a low debt-equity ratio of 0.71 times, which positively influences investor sentiment.
In the broader market context, the stock has shown impressive performance compared to the benchmark, with a one-week return of +9.62% against a slight decline of -0.03% for the Sensex. Year-to-date, the stock has surged by 87.08%, significantly outpacing the Sensex's 3.15% increase. This consistent outperformance over various periods, including a remarkable 440.17% increase over three years, highlights the stock's strong position in the market. The increasing participation from institutional investors, who now hold 5.25% of the company, further supports the stock's upward momentum, as these investors typically bring more analytical resources and confidence to the stock's fundamentals.