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

As of 08-Sep, Tourism Finance Corporation of India Ltd is experiencing a price increase, currently at Rs. 348.05, reflecting a rise of 4.4 (1.28%). The stock has shown strong performance recently, gaining 16.07% over the last six days and achieving a new 52-week high of Rs. 352.8 today. It has outperformed its sector by 0.96% and opened with a gain of 2.66%. The stock is trading above all key moving averages, indicating a bullish trend. Additionally, the company has reported positive financial metrics, including the highest cash and cash equivalents and the lowest debt-equity ratio, which contribute to investor confidence. The increasing participation from institutional investors, who have raised their stake by 1.81%, further supports the stock's upward movement.
In the broader market context, the stock has significantly outperformed the benchmark Sensex, with a 1-week return of +7.86% compared to the Sensex's +0.53%, and a year-to-date return of +110.56% against the Sensex's +3.39%. This substantial outperformance over various periods, including a remarkable 452.02% increase over the last three years, highlights the stock's strong position relative to the market. The consistent returns and rising investor participation suggest a robust demand for the stock, reinforcing its positive momentum in the current market environment.