Why is Active Clothing falling/rising?

As of 23-Jul, Active Clothing Co Ltd's stock price is rising, currently at 152.90, reflecting an increase of 4.0 or 2.69%. The stock has shown strong performance today, outperforming its sector by 1.5% and achieving a consecutive gain over the last two days with a total return of 3.45%. It reached an intraday high of Rs 154, although it also touched a low of Rs 142.05. The stock has been trading above its moving averages and has seen a significant increase in investor participation, with delivery volume rising by 124.84% compared to the five-day average. The company has demonstrated impressive long-term growth, with an annual operating profit growth rate of 50.42% and a net profit increase of 170.9%, contributing to positive investor sentiment.
In the broader market context, Active Clothing's short-term return of 3.17% over the past week significantly outpaces the Sensex's return of 0.11%. This trend is consistent with the company's strong performance over longer periods, including a year-to-date return of 40.92% compared to the benchmark's 5.87%. Despite some concerns regarding management efficiency and a high debt-to-EBITDA ratio, the stock's consistent returns and positive financial results have bolstered investor confidence, leading to its recent price increase.