Why is 360 ONE falling/rising?

As of 07-Aug, 360 ONE WAM Ltd is experiencing a price increase, currently at 1,063.45, reflecting a change of 6.9 or 0.65% upward. Today's price summary indicates that the stock has outperformed its sector by 0.43%. It is trading higher than its 5-day and 100-day moving averages, although it remains below the 20-day, 50-day, and 200-day moving averages. Despite a significant drop in delivery volume by 41.56% against the 5-day average, the stock maintains a strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 18.36%. Over the last year, the stock has generated a return of 5.93%, outperforming the BSE500 in each of the last three annual periods, which supports its recent positive movement.
In the broader market context, the stock's short-term performance over the past week shows a gain of 1.05%, contrasting with a decline of 0.69% in the Sensex, indicating that 360 ONE is performing better than the benchmark index in the short term. However, over the past month, the stock has declined by 14.07%, while the Sensex has only fallen by 3.38%, suggesting that the stock has faced more significant challenges recently. Despite these fluctuations, the strong long-term performance and consistent returns over the last three years contribute positively to investor sentiment, helping to stabilize the stock's price amidst broader market pressures.