Why is Arihant Capital falling/rising?

As of 22-Sep, Arihant Capital Markets Ltd is experiencing a price increase, currently at 108.50, with a change of 0.8, representing a rise of 0.74%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this positive movement, the stock's delivery volume has decreased significantly, falling by 44.14% against the 5-day average, indicating a drop in investor participation. Over the past week, the stock has underperformed the benchmark Sensex, with a decline of 2.47% compared to the Sensex's increase of 0.46%. However, on a year-to-date basis, the stock has performed well, with a return of 10.38%, outpacing the Sensex's 5.15% increase.
In the broader market context, while Arihant Capital has faced short-term challenges, it has shown resilience over longer periods, particularly with a substantial 798.92% increase over the past five years compared to the Sensex's 117.73%. The stock's current price is above its 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend, although it is below the 5-day and 20-day moving averages. This mixed performance indicates that while the stock is currently rising, it is also facing challenges in maintaining momentum in the short term, particularly in light of the recent drop in investor participation.