Why is Apoorva Leasing falling/rising?

As of 27-Oct, Apoorva Leasing Finance & Investment Co Ltd is experiencing a price increase, with its current price at Rs 35.99, reflecting a rise of Rs 2.98 or 9.03%. The stock has shown strong performance today, outperforming its sector by 8.75% and gaining 9.23% over the last two days. It opened with a significant gain of 9.97% and reached an intraday high of Rs 36.31. Despite this positive movement, the stock has shown high volatility with an intraday range of Rs 4.19 and a notable drop in investor participation, as evidenced by a 79.26% decrease in delivery volume compared to the 5-day average. The stock's performance over the past week and month has been strong, with returns of 12.29% and 14.44%, respectively, although it has underperformed on a year-to-date basis with a decline of 33.56%.
In the broader market context, the stock's recent gains stand in stark contrast to the Sensex, which has only increased by 0.49% over the past week and 5.41% over the past month. This indicates that Apoorva Leasing is experiencing a robust recovery relative to the overall market. However, its year-to-date performance remains concerning, as it lags behind the Sensex's 8.50% increase. The stock's higher returns over longer periods, such as 5 years, where it has gained 274.51% compared to the Sensex's 109.22%, suggest potential for future growth, but the current volatility and declining investor participation may pose risks to sustained upward momentum.