Why is Angel One falling/rising?

As of 24-Jun, Angel One Ltd's stock price is currently at 2,957.05, reflecting an increase of 22.6 points or 0.77%. The stock has been gaining for the last three days, with a total return of 6.29% during this period. It has also shown strong performance over the past week, with a return of 2.82%, although it has declined by 4.00% over the past month. The stock's long-term fundamentals are robust, evidenced by a high average Return on Equity (ROE) of 34.63% and significant growth in net sales and operating profit. Additionally, the stock has consistently outperformed the BSE 500 over the last three years, generating 14.74% returns in the past year. However, there has been a decline in investor participation, with delivery volume falling by 19.82% against the five-day average.
In the broader market context, Angel One's short-term performance has outpaced the Sensex, which has only increased by 0.58% over the past week. While the stock has shown resilience and positive returns in the short term, the overall market sentiment appears to be more subdued, as indicated by the Sensex's modest gains. The stock's liquidity remains adequate for trading, suggesting that while it is experiencing upward momentum, the decline in delivery volume may indicate some caution among investors.