Why is Angel One falling/rising?

As of 01-Jul, Angel One Ltd's stock price is currently at 2,964.55, reflecting an increase of 41.4 points or 1.42%. The stock has been gaining for the last four days, with a total return of 3.58% during this period. It has outperformed its sector by 1.56% today. In terms of performance over various time frames, the stock has shown a year-to-date increase of 1.10% and a notable 14.96% rise over the past year, significantly outperforming the BSE500 index in each of the last three annual periods. The company's strong long-term fundamentals, highlighted by an average Return on Equity (ROE) of 34.63% and robust growth in net sales and operating profit, contribute positively to its recent price movement.
In the broader market context, while Angel One's short-term performance of +0.25% over the past week lags behind the Sensex's +2.00%, the stock's longer-term trajectory remains strong, particularly with a 144.69% increase over the past three years compared to the Sensex's 58.19%. The rising investor participation, as evidenced by a 22.46% increase in delivery volume, indicates growing interest in the stock, further supporting its price rise. Additionally, the high institutional holdings at 27.33% suggest that knowledgeable investors are confident in the company's prospects, reinforcing the stock's upward momentum despite some short-term underperformance relative to the benchmark.