Why is Banas Finance falling/rising?

As of 04-Jul, Banas Finance Ltd's stock price is currently at 8.90, reflecting an increase of 0.23 or 2.65%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It has outperformed its sector by 2.52% today, and the delivery volume has risen significantly, indicating increased investor participation. In terms of returns, the stock has performed positively over the past week with a gain of 0.68%, while it has underperformed on a year-to-date basis with a decline of 11.35%. The stock's moving averages indicate that it is currently higher than the 20-day, 50-day, and 100-day averages, but lower than the 5-day and 200-day averages, suggesting mixed momentum.
In the broader market context, Banas Finance's short-term performance of +0.68% over the past week contrasts with the Sensex, which has declined by 0.74% during the same period. This indicates that Banas Finance is gaining traction relative to the overall market. However, the stock has underperformed the Sensex on a year-to-date basis, which has risen by 6.77%. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for sufficient trade size. Overall, the recent positive movement in Banas Finance's stock price can be attributed to improved investor interest and a reversal in its recent downward trend, despite its longer-term underperformance compared to the benchmark.