Why is Angel One falling/rising?

As of 30-Jun, Angel One Ltd's stock price is currently at 2,923.15, reflecting an increase of 12.55, or 0.43%. The stock has been gaining for the last three days, with a total return of 2.14% during this period. However, it has experienced a decline of 0.39% over the past week and 3.68% over the past month. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, with an average Return on Equity (ROE) of 34.63% and significant growth in net sales and operating profit. Additionally, high institutional holdings at 27.33% suggest confidence from knowledgeable investors, which may support the stock's recent upward movement.
In the broader market context, Angel One's recent performance contrasts with the Sensex, which has risen by 2.09% over the past week and 2.65% over the past month. While Angel One has underperformed the benchmark in the short term, its consistent returns over the last three years, including a 12.43% return in the past year, indicate resilience compared to the BSE 500. The stock's liquidity remains adequate for trading, although there has been a notable decline in investor participation, with delivery volume falling by 18.48% against the five-day average. This mixed performance highlights the stock's potential for recovery, supported by its strong fundamentals, despite recent volatility.