Why is AVG Logistics falling/rising?

As of 08-Oct, AVG Logistics Ltd's stock price is currently at Rs 243.00, reflecting an increase of Rs 21.15, or 9.53%. The stock has shown a positive trend today, having outperformed its sector by 10.53% and opened with a gain of 5.03%. After two consecutive days of decline, the stock has experienced a trend reversal, reaching an intraday high of Rs 266.2, which is a significant increase of 19.99%. However, despite this upward movement, the stock's year-to-date performance remains poor, with a decline of 35.60%, and a staggering 48.67% drop over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 41.45% compared to the five-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, AVG Logistics has outperformed the Sensex in the short term, with a weekly return of 8.97% compared to the benchmark's 0.98%. This indicates that while the stock is experiencing a positive movement relative to the market, its long-term performance remains weak, particularly when compared to the Sensex's 4.65% gain year-to-date. The stock's volatility today, with an intraday fluctuation of 6%, suggests that while there is some excitement around the recent price increase, the overall market sentiment may still be cautious. The absence of specific positive or negative factors in the dashboard limits a deeper understanding of the underlying reasons for the stock's recent movements.