Why is Angel One falling/rising?

As of 03-Jul, Angel One Ltd's stock price is rising, currently at 2,951.45, reflecting an increase of 43.5 points or 1.5%. Today's performance indicates that the stock has outperformed its sector by 2.02%. While the stock is higher than its 5-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 20-day moving average. The stock has shown a positive return of 1.82% over the past week, despite a decline of 4.78% over the past month. The company benefits from strong long-term fundamentals, with a high average Return on Equity (ROE) of 34.63% and impressive growth in net sales and operating profit. Additionally, high institutional holdings at 27.33% suggest confidence from more knowledgeable investors, contributing to the stock's recent upward movement.
In the broader market context, Angel One's short-term performance has been favorable compared to the Sensex, which has declined by 0.62% over the past week. However, the stock has underperformed the benchmark over the past month, where the Sensex gained 3.10%. Despite this, Angel One has demonstrated strong long-term performance, generating a 25.94% return over the past year, significantly outperforming the BSE500 in various time frames. The stock's liquidity remains adequate for trading, although there has been a noted decrease in investor participation, with delivery volume falling by 15.75% against the 5-day average.