Why is Aris Interna. falling/rising?

As of 24-Jun, Aris International Ltd's stock price is rising, currently at 506.90, with a change of 9.9 (1.99%) upward. The stock has recently reached a new 52-week and all-time high of Rs.506.9, reflecting strong performance. Over the last three days, the stock has gained 6.1%, outperforming its sector by 1.29%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also noteworthy, with delivery volume increasing by 434.1% against the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Aris International Ltd has significantly outperformed the Sensex benchmark, with a 1-week return of 6.06% compared to the Sensex's 0.58%, and a remarkable year-to-date return of 625.59% against the Sensex's 5.01%. This stark contrast highlights the stock's strong momentum relative to the overall market. The absence of any negative factors in the provided data further supports the stock's upward trajectory, indicating that investor sentiment remains robust and favorable towards Aris International Ltd.