Why is Agarwal Fortune falling/rising?

As of 27-Jun, Agarwal Fortune India Ltd is experiencing a price increase, currently at Rs 23.80, reflecting a rise of 1.1 or 4.85%. The stock has shown strong performance today, outperforming its sector by 4.76% and achieving consecutive gains over the last two days, with an overall return of 8.68% during this period. It has also reached an intraday high of Rs 23.80. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a rise in investor participation, with delivery volume increasing by 1.86% against the 5-day average. The company has demonstrated strong long-term fundamentals, with a robust average return on equity of 20.38% and significant growth in net sales at an annual rate of 52.60%. Positive results over the last three consecutive quarters have further bolstered investor confidence.
In the broader market context, Agarwal Fortune's short-term performance has significantly outpaced the benchmark, with a 1-week return of 13.88% compared to the Sensex's 2.00%. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors. While the year-to-date return of 3.48% lags behind the Sensex's 7.58%, the stock's impressive 5-year return of 1866.94% compared to the Sensex's 139.00% underscores its long-term growth potential. Overall, the combination of strong fundamentals, positive recent performance, and increased investor interest contributes to the stock's rising price.