Why is Apoorva Leasing falling/rising?

As of 31-Oct, Apoorva Leasing Finance & Investment Co Ltd is experiencing a rise in its stock price, currently at Rs 39.19, which reflects an increase of Rs 3.34 or 9.32%. The stock has shown strong performance today, outperforming its sector by 10.05% and achieving a consecutive gain over the last two days with a total return of 9.9% during this period. It reached an intraday high of Rs 39.39, and it is trading above all its moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 69.12% compared to the 5-day average, which could suggest a potential concern for sustained momentum.
In the broader market context, Apoorva Leasing's short-term return of 18.72% over the past week significantly outperforms the Sensex, which has seen a slight decline of 0.32% during the same period. While the stock has had a strong recent performance, it is important to note that its year-to-date return remains negative at -27.65%, contrasting with the Sensex's positive return of 7.42%. This disparity highlights the stock's volatility and the challenges it has faced over a longer timeframe, despite its recent gains.