Why is One 97 falling/rising?

As of 05-Sep, One 97 Communications Ltd is experiencing a price increase, currently at 1,254.20, reflecting a rise of 12.85 or 1.04%. The stock has shown strong performance recently, with a 1-week return of 3.93% and a 1-month return of 19.15%. It is also close to its 52-week high, being only 3.39% away from Rs 1,296.7. The stock is trading above all its moving averages, indicating a positive trend. Additionally, the company reported impressive quarterly results with a significant growth in profit after tax and net sales, which has contributed to its strong long-term fundamental strength, evidenced by a 23.53% CAGR growth in net sales.
In the broader market context, One 97 has outperformed the Sensex, which has only returned 1.13% over the past week, while the stock has gained nearly four times that amount. The stock's performance over the past year has been particularly notable, with a 100.05% return compared to a decline of 1.81% in the Sensex. Despite a slight decrease in investor participation, as indicated by a 9.13% drop in delivery volume, the high institutional holdings at 70.7% suggest confidence in the company's fundamentals, further supporting the stock's upward movement.