Why is Asit C Mehta Fin falling/rising?

As of 11-Nov, Asit C Mehta Financial Services Ltd is experiencing a price increase, currently at Rs 132.00, which represents a rise of 5.0 or 3.94%. The stock has shown a strong performance today, outperforming its sector by 2.97% and has gained 6.37% over the last two days. However, it opened with a significant loss of 8.66% today, indicating high volatility, with an intraday range of Rs 19, touching a high of Rs 135 and a low of Rs 116. Despite the recent gains, the stock has a year-to-date decline of 10.51%, and its delivery volume has decreased by 29.18% compared to the 5-day average, suggesting falling investor participation.
In the broader market context, the stock's short-term return of 8.02% over the past week significantly outpaces the Sensex, which only increased by 0.49% during the same period. However, over the longer term, the stock has underperformed relative to the benchmark, with a year-to-date decline compared to the Sensex's gain of 7.34%. This contrast highlights the stock's recent recovery amid a challenging overall performance, suggesting that while short-term movements may be positive, the longer-term outlook remains uncertain.