Why is Anand Rathi Wea. falling/rising?

As of 14-Jul, Anand Rathi Wealth Ltd is experiencing a significant rise in its stock price, currently at Rs 2,511.30, reflecting an increase of Rs 299.85 or 13.56%. The stock has recently hit a new 52-week high of Rs 2,598.2 and has outperformed its sector by 13.48%. Over the past week, it has gained 19.60%, and in the last month, it has risen by 24.99%. The stock has shown strong performance with a consecutive gain over the last four days, yielding a total return of 20.89%. Additionally, the company has demonstrated strong long-term fundamentals, with an average Return on Equity (ROE) of 38.37% and consistent positive results over the last 14 quarters, contributing to investor confidence and driving the stock's upward movement.
In the broader market context, while Anand Rathi Wealth Ltd has outperformed the Sensex, which has declined by 1.42% over the past week, the stock's strong performance is underscored by its impressive returns over various periods, including a 27.15% increase year-to-date compared to the Sensex's 5.27%. The stock's high volatility and increased investor participation, evidenced by a significant rise in delivery volume, further indicate strong market interest. However, it is worth noting that the stock is trading at a premium valuation compared to its peers, which could pose risks if market conditions change.