Why is Bervin Invest. falling/rising?

As of 23-Sep, Bervin Investments & Leasing Ltd is experiencing a price increase, currently at Rs 54.70, which reflects a rise of Rs 1.9 or 3.6%. The stock has been gaining for the last two days, with a total return of 5.19% during this period. Despite a recent decline of 3.00% over the past month and a significant year-to-date drop of 23.24%, the stock has outperformed its sector today by 3.27%. It reached an intraday high of Rs 55.4, indicating positive momentum, although the weighted average price suggests that more volume was traded closer to the low price. Additionally, the stock's moving averages show it is performing better than the 5-day average but is still below the longer-term moving averages, indicating mixed signals. There is a noted decline in investor participation, with delivery volume decreasing by 0.55% compared to the 5-day average, which may be a concern for sustained upward movement.
In the broader market context, Bervin Investments has outperformed the Sensex over the past week, gaining 4.69% while the benchmark index has declined by 0.34%. However, over the longer term, the stock has underperformed relative to the Sensex, with a year-to-date decline of 23.24% compared to the index's gain of 5.07%. This disparity highlights the challenges the company faces in regaining investor confidence despite its recent short-term gains. Overall, while the stock is currently rising, its long-term performance remains a concern, and the falling investor participation could hinder its ability to maintain this upward trajectory.