Why is Aryaman Fin.Serv falling/rising?

As of 14-Jul, Aryaman Financial Services Ltd is experiencing a price increase, currently at Rs 720.00, reflecting a rise of Rs 8.1 or 1.14%. The stock has shown strong performance, gaining 1.27% over the last two days and is just 1.25% away from its 52-week high of Rs 729. It has outperformed its sector by 1.06% today and has consistently generated impressive returns, with a 106.45% increase over the past year and a staggering 1101.00% over the last three years. The company has also reported outstanding financial results, including a net profit growth of 727.34% and a significant increase in cash reserves, which has likely bolstered investor confidence. Additionally, the promoters have increased their stake in the company, indicating strong belief in its future prospects.
In the broader market context, Aryaman Financial Services Ltd has outperformed the Sensex, which has declined by 1.42% over the past week while the stock itself has risen by 0.57%. This divergence suggests that the stock is gaining traction despite a generally unfavorable market environment. The company's consistent returns and positive financial indicators, coupled with rising promoter confidence, contribute to its upward price movement, even as investor participation has seen a decline in recent trading volumes.