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

As of 02-Sep, the Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 335.30, reflecting a rise of Rs. 12.6 or 3.9%. The stock has recently hit a new 52-week and all-time high of Rs. 338.25, demonstrating strong performance with a consecutive gain over the last two days, resulting in an 11.82% return during this period. Additionally, the stock has outperformed its sector by 4.03%. Over the past year, it has generated an impressive 87.53% return, significantly outperforming the BSE500 benchmark, which has declined by 2.91% in the same timeframe. The positive financial indicators, including the highest cash and cash equivalents and the lowest debt-equity ratio, along with increased participation from institutional investors, have contributed to the stock's upward momentum.
In the broader market context, the stock's short-term performance of +10.02% over the past week contrasts sharply with the Sensex, which has seen a decline of 0.78%. This divergence highlights the strength of Tourism Finance Corporation of India Ltd amidst a generally weak market environment. The rising investor participation, particularly from institutional investors who have increased their stake, suggests a growing confidence in the company's fundamentals, further supporting the stock's price increase. Overall, the combination of strong financial results, consistent returns over multiple periods, and positive market sentiment has driven the stock's recent rise.