Why is Authum Invest. falling/rising?

As of 09-Jul, Authum Investment & Infrastructure Ltd is experiencing a price increase, currently at 2,698.75, reflecting a rise of 31.65 or 1.19%. The stock has shown strong performance recently, gaining 5.42% over the last three days and is only 1.57% away from its 52-week high. It has outperformed its sector by 0.81% today and is trading above all key moving averages, indicating positive momentum. The company has demonstrated impressive long-term growth, with a return on equity of 34.81% and significant increases in net sales and operating profit. Despite a recent decline in investor participation, the stock remains liquid enough for trading, and its valuation appears favorable compared to peers.
In the broader market context, Authum Investment has outperformed the benchmark Sensex significantly, with a 1-week return of 7.95% compared to the Sensex's 0.15%. Over the past year, the stock has generated a remarkable return of 134.67%, while the Sensex has only increased by 3.96%. This consistent outperformance over various time frames, including a staggering 1700.37% return over the last three years, highlights the stock's strong position in the market. Overall, the combination of robust financial fundamentals and superior short-term performance relative to the benchmark contributes to the stock's rising price.