Why is Affle 3i falling/rising?

As of 28-Jul, Affle 3i Ltd's stock price is currently at 1,837.30, reflecting an increase of 38.0 points or 2.11%. Today, the stock has shown a positive trend, gaining after four consecutive days of decline, and it outperformed its sector by 4.44%. The stock reached an intraday high of Rs 1871.35, indicating a 4% rise during the trading session. Despite a negative performance over the past week and month, with declines of 3.65% and 7.33% respectively, the stock has demonstrated strong long-term growth, with a 25.89% increase over the past year. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and consistent positive results over the last six quarters, which have bolstered investor confidence.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.59% over the past week and 3.77% over the past month, Affle 3i Ltd's recent performance indicates a relative strength in the stock, particularly given its year-to-date return of 3.16% compared to the Sensex's 3.52%. The stock's liquidity is adequate for trading, and rising investor participation, as evidenced by a significant increase in delivery volume, suggests growing interest among investors. Overall, while the telecommunications equipment sector has faced a downturn, Affle 3i Ltd's strong fundamentals and recent performance have contributed to its upward price movement.