Why is One 97 falling/rising?

As of 15-Jul, One 97 Communications Ltd is experiencing a price increase, currently trading at 989.05, which reflects a rise of 13.4 or 1.37%. The stock has shown strong performance recently, gaining 8.97% over the last four days and outperforming its sector by 0.56% today. It has also reached an intraday high of Rs 999, indicating positive momentum. The stock's performance over the past year has been impressive, with a return of 110.82%, significantly surpassing the market's return of 0.37%. Additionally, the stock is trading above its moving averages across multiple time frames, and there has been a notable increase in investor participation, with delivery volume rising by 106.4% compared to the five-day average. The strong long-term fundamental strength, highlighted by a 25.27% CAGR growth in net sales and high institutional holdings at 69.4%, further supports the stock's upward movement.
In the broader market context, the stock's short-term return of 8.60% over the past week contrasts sharply with the benchmark Sensex, which has declined by 1.36% during the same period. This indicates that One 97 Communications Ltd is not only performing well on its own but is also gaining traction relative to the broader market, which is facing challenges. The stock's ability to generate substantial returns over the past year, coupled with increasing institutional investment, positions it favorably against the backdrop of a fluctuating market environment.