Why is AastamangalamFin falling/rising?

As of 03-Jul, Aastamangalam Finance Ltd's stock price is currently at Rs 37.99, reflecting an increase of Rs 1.99 or 5.53%. The stock has been gaining momentum, having outperformed its sector by 6.05% today and achieving a consecutive gain over the last two days with a total return of 13.4%. It opened with a gain of 2.78% and reached an intraday high of Rs 39.89, indicating strong buying interest. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 42.65% compared to the five-day average, which may suggest some caution among investors. The stock has also shown high volatility today, with an intraday fluctuation of 5.11%.
In the broader market context, Aastamangalam Finance Ltd has significantly outperformed the Sensex over the past week, with a return of 15.30% compared to the benchmark's decline of 0.62%. However, the stock's year-to-date performance remains negative at -15.95%, contrasting with the Sensex's positive return of 6.53%. This divergence indicates that while the stock is experiencing a short-term rally, it has struggled over a longer time frame. The current upward movement may be driven by short-term trading dynamics rather than a fundamental recovery, as evidenced by the falling investor participation and the stock's performance relative to the broader market.