Why is 360 ONE falling/rising?

As of 05-Aug, 360 ONE WAM Ltd's stock price is rising, currently at Rs 1,073.65, reflecting an increase of Rs 22.9 or 2.18%. Today's price summary indicates that the stock has outperformed its sector by 2.27%, reaching an intraday high of Rs 1,073.65. Despite this positive movement, the stock has shown a decline of 13.72% over the past month and a year-to-date decrease of 14.37%. However, it has demonstrated strong long-term fundamental strength, with an average Return on Equity (ROE) of 18.36% and consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.91%, contrasting with a decline of 0.77% in the Sensex, indicating relative strength against the benchmark. While the stock has seen a significant drop in delivery volume, down 46.26% from the five-day average, its liquidity remains adequate for trading. Overall, the stock's recent rise can be attributed to its strong fundamentals and relative outperformance in the short term, despite some concerning trends in investor participation and recent monthly performance.