Why is Abans Financial falling/rising?

As of 11-Jul, Abans Financial Services Ltd's stock price is rising, currently at Rs 254.40, reflecting an increase of Rs 7.2 or 2.91%. Today's price summary indicates that the stock has outperformed its sector by 3.83% and has gained after three consecutive days of decline, reaching an intraday high of Rs 255.95. Despite a year-to-date decline of 4.11% and a significant drop of 51.60% over the past year, the company has shown strong long-term fundamental strength, with a 27.88% CAGR growth in operating profits and a 72.50% annual growth in net sales. The recent positive quarterly results, including a net profit increase of 11.44%, have likely contributed to the stock's upward movement, alongside increased participation from institutional investors who now hold 15.12% of the company.
In the broader market context, Abans Financial's short-term performance over the past week shows a gain of 1.35%, contrasting with a decline of 1.12% in the Sensex, indicating that the stock is performing better than the overall market. While the stock has experienced a significant drop over the past year, the recent positive trends in operating profits and net sales, coupled with institutional interest, suggest a potential for recovery. However, the falling investor participation, as indicated by a 29.96% decrease in delivery volume, may pose a concern for sustained momentum.