Why is Angel One falling/rising?

As of 14-Aug, Angel One Ltd's stock price is currently at 2,639.55, reflecting an increase of 9.05 or 0.34%. The stock has been gaining for the last two days, with a notable rise of 5.26% in this period. Despite a recent decline in net sales and negative results over the last two quarters, the company maintains strong long-term fundamentals, including an average Return on Equity (ROE) of 34.63% and significant growth in net sales and operating profit. However, the recent drop in net sales by 12.91% and a decrease in promoter stake by 6.58% indicate potential concerns about future performance, which may be affecting investor sentiment.
In the broader market context, Angel One's short-term performance has been relatively inline with the sector, as it has experienced a slight decline of 0.19% over the past week, compared to a minimal drop of 0.03% in the Sensex. While the stock has outperformed the benchmark over the past year with a return of 24.80% compared to the Sensex's 1.89%, its year-to-date performance shows a significant decline of 9.99%, contrasting with the Sensex's gain of 3.15%. This divergence in performance highlights the stock's recent struggles despite its historical strength, suggesting that while there are positive long-term indicators, short-term challenges are contributing to its current price movement.