Why is Active Clothing falling/rising?

As of 02-Jul, Active Clothing Co Ltd is experiencing a price increase, currently at Rs 141.45, reflecting a rise of Rs 8.5 or 6.39%. The stock has shown strong performance today, outperforming its sector by 6.17%, and has gained 9.02% over the last two days. It reached an intraday high of Rs 146.9, indicating significant volatility with a wide trading range of Rs 16.75. The stock has consistently traded above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 79.46% compared to the five-day average. The company has reported impressive long-term growth, with a 50.42% annual increase in operating profit and a remarkable 170.9% growth in net profit, contributing to positive investor sentiment.
In the broader market context, Active Clothing's short-term return of 7.04% over the past week significantly outpaces the Sensex's return of 0.79%. Over the past month, the stock has surged by 40.54%, compared to the Sensex's 2.50% increase, further highlighting its strong performance relative to the benchmark. The stock's consistent returns over the last three years, along with its fair valuation and positive financial results, reinforce its attractiveness to investors, contributing to the ongoing rise in its price.