Why is Active Clothing falling/rising?

As of 22-Jul, Active Clothing Co Ltd's stock is currently priced at 148.90, reflecting an increase of 1.1 or 0.74%. Today's price summary indicates that the stock has outperformed its sector by 1.17% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 153.1, marking a 3.59% increase, although it also touched a low of Rs 141.1, which was a 4.53% decrease. Over the past month, the stock has shown a robust return of 15.38%, and over the last year, it has generated a significant return of 48.97%. The company has demonstrated strong financial performance, with net profit growth of 170.9% and consistent positive results over the last three quarters, contributing to a healthy long-term growth outlook.
In the broader market context, while Active Clothing's stock has outperformed the Sensex over the past year, it has underperformed in the short term, with a 1-week return of -0.70% compared to the benchmark's -0.47%. Despite this recent short-term decline, the stock's long-term performance remains strong, with a 277.44% increase over the past three years and a 1253.64% increase over the past five years. The stock's valuation appears fair compared to its peers, and its consistent returns over the last three years suggest resilience in its performance, even amidst fluctuations in investor participation and trading volume.