Why is One 97 falling/rising?

As of 02-Sep, One 97 Communications Ltd's stock price is rising, currently at 1,258.20, reflecting an increase of 22.75 or 1.84%. The stock has shown strong performance, gaining 4.26% over the last two days and outperforming its sector by 1.97% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has generated impressive returns, with a 106.35% increase over the past year and a 23.66% rise year-to-date. The company has demonstrated strong long-term fundamental strength, with a 23.53% CAGR growth in net sales and significant improvements in its quarterly financial results, including a 137.8% growth in PAT.
In the broader market context, while One 97 Communications Ltd has performed well, the benchmark Sensex has declined by 0.78% over the past week and is down 2.91% year-on-year. This contrast highlights the stock's resilience and ability to outperform the market. High institutional holdings at 70.7% indicate confidence from knowledgeable investors, further supporting the stock's upward movement. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 63.48% against the 5-day average, which could be a concern for future trading activity.