Why is 360 ONE falling/rising?

As of 13-Jun, 360 ONE WAM Ltd is experiencing a price increase, currently at 1,140.25, reflecting a rise of 59.25 or 5.48%. Today's price summary indicates that the stock outperformed its sector by 6% and reached an intraday high of Rs 1151.2, marking a 6.49% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 26.96% compared to the 5-day average. The company has also shown strong long-term fundamental strength, with a consistent average Return on Equity (ROE) of 18.36%, positive results over the last five quarters, and significant growth in net sales and profit after tax.
In the broader market context, the stock has demonstrated a robust short-term performance, with a 6.57% increase over the past week, while the benchmark Sensex has declined by 1.30%. Over the past month, 360 ONE has risen by 18.01%, contrasting with the Sensex's near flat performance of -0.04%. This strong performance is further supported by the company's consistent returns over the last three years, where it has outperformed the BSE 500 in each of the last three annual periods, generating a 45.89% return in the past year alone.