Why is 360 ONE falling/rising?

As of 27-Jun, 360 ONE WAM Ltd is experiencing a positive price movement, currently priced at 1,197.65, reflecting an increase of 32.65 (2.8%). The stock has shown strong performance today, outperforming its sector by 2.71%, and reached an intraday high of Rs 1208.1, which is a 3.7% increase. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has demonstrated significant investor interest, with a delivery volume increase of 1107.04% compared to the 5-day average. Over the past year, the stock has generated a return of 28.28%, significantly outperforming the BSE 500 in each of the last three annual periods, which reflects its strong long-term fundamentals, including a consistent growth in net sales and profit after tax.
In the broader market context, the stock's short-term return of +5.33% over the past week outpaces the Sensex's return of +2.00%, indicating a robust performance relative to the benchmark. Despite a year-to-date decline of 4.48%, the company has shown resilience with a solid average return on equity of 18.36% and a low debt-equity ratio of 1.58 times. The positive results over the last five consecutive quarters further bolster investor confidence, contributing to the stock's upward movement. Overall, the combination of strong fundamentals, positive investor sentiment, and favorable short-term performance against the benchmark are driving the stock's rise.