Why is One 97 falling/rising?

As of 22-Aug, One 97 Communications Ltd's stock price is currently at 1,264.60, reflecting an increase of 17.85, or 1.43%. The stock has reached a new 52-week high of Rs. 1277.95 today and has outperformed its sector by 1.87%. Over the past week, the stock has risen by 9.94%, and it has shown significant growth over the last month with a 20.14% increase. The company reported strong financial results in June 2025, with a remarkable 137.8% growth in profit after tax compared to the previous four-quarter average, and a 23.53% compound annual growth rate in net sales, which supports its positive price movement. However, there has been a notable decline in investor participation, with delivery volume dropping by 55.12% against the five-day average.
In the broader market context, One 97's performance has significantly outpaced the Sensex, which has only increased by 0.88% over the past week. The stock's year-to-date return of 24.29% also surpasses the Sensex's 4.05% gain, indicating strong market confidence in One 97 compared to the overall market. Additionally, high institutional holdings at 70.7% suggest that informed investors are backing the stock, further contributing to its upward momentum. Overall, the combination of strong financial results, positive long-term growth prospects, and outperformance against the benchmark has driven the stock's recent rise.