Why is Aryaman Fin.Serv falling/rising?

As of 25-Jun, Aryaman Financial Services Ltd is experiencing a price increase, currently at 655.00, reflecting a change of 20.0 or 3.15% upward. The stock has hit a new 52-week and all-time high of Rs. 660 today, and it has outperformed its sector by 2.54%. Over the last four days, the stock has gained 13.91%, and it is trading above its moving averages across multiple time frames. The company has shown outstanding financial performance, with a net profit growth of 727.34% and positive results for the last two consecutive quarters, which has likely contributed to rising investor confidence. Additionally, promoters have increased their stake by 1.75%, indicating strong belief in the company's future prospects.
In the broader market context, Aryaman Financial Services Ltd has significantly outperformed the Sensex, with a 1-week return of 13.15% compared to the benchmark's 1.61%, and a year-to-date return of 57.85% against the Sensex's 5.91%. This strong performance relative to the benchmark suggests that investor sentiment towards the stock is robust, likely driven by its impressive financial results and increasing promoter confidence. Overall, the combination of strong financial performance, rising investor participation, and consistent returns over the past three years has positioned the stock favorably in the market.