Why is Aryaman Fin.Serv falling/rising?

As of 24-Jun, Aryaman Financial Services Ltd's stock price is rising, currently at Rs. 635.00, reflecting an increase of Rs. 29.8 or 4.92%. The stock has recently hit a new 52-week and all-time high of Rs. 650, demonstrating strong upward momentum. Over the past three days, the stock has gained 10.43%, and it opened today with a gain of 3.27%. Additionally, it has outperformed its sector by 4% today. The stock's performance over various periods is impressive, with a year-to-date return of 53.03% and a one-year return of 108.20%, indicating robust growth compared to the benchmark Sensex, which has only increased by 5.01% in the same timeframe. The recent rise in delivery volume by 97.17% against the 5-day average suggests increased investor interest, contributing positively to the stock's upward movement.
In the broader market context, Aryaman Financial Services Ltd has significantly outperformed the Sensex over the past week, month, and year, with returns of 11.31%, 17.13%, and 108.20%, respectively, compared to the Sensex's much lower returns. This strong performance indicates that investor confidence in the company is high, especially as it continues to trade above its moving averages across various timeframes. The liquidity of the stock is also favorable, allowing for substantial trading activity. Overall, the combination of strong recent performance, positive investor sentiment, and significant trading volume supports the stock's rising price trend.