Why is Aryaman Fin.Serv falling/rising?

As of 01-Jul, Aryaman Financial Services Ltd's stock price is rising, currently at Rs 725.00, reflecting an increase of Rs 31.05 or 4.47%. The stock has recently hit a new 52-week and all-time high of Rs 727.45 and has outperformed its sector by 4.61%. Over the past two days, the stock has gained 9.55%, and it has shown impressive returns of 127.81% over the last year and 1190.04% over the last three years. The company has reported outstanding financial results, including a net profit growth of 727.34% and significant increases in both PAT and net sales, which have contributed to rising investor confidence, particularly as promoters have increased their stake in the company.
In the broader market context, Aryaman Financial Services Ltd has significantly outperformed the Sensex, with a 1-week return of 14.17% compared to the Sensex's 2.00% and a 1-month return of 30.87% against 2.76%. This strong performance indicates that the stock is gaining traction among investors, despite a recent decline in delivery volume. The liquidity of the stock remains adequate for trading, which supports its upward movement. Overall, the combination of strong financial results, increased promoter confidence, and consistent returns over the years has contributed to the stock's rising price.