Why is Brijlaxmi Leas. falling/rising?

As of 07-Oct, Brijlaxmi Leasing & Finance Ltd's stock price is currently at 9.62, reflecting an increase of 0.73 or 8.21%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -1.43% and a 1-month return of -1.74%. Additionally, the stock's delivery volume has significantly decreased by 70.62% compared to the 5-day average, indicating falling investor participation. While the stock is trading above its 5-day, 20-day, and 200-day moving averages, it remains below its 50-day and 100-day moving averages, suggesting mixed signals regarding its momentum.
Broader market context reveals that the Sensex has performed better than Brijlaxmi Leasing & Finance Ltd in the short term, with a 1-week return of +2.07%. This indicates that while the stock has experienced a short-term rise, it is still lagging behind the broader market trends. Year-to-date, the stock has a positive return of +3.11%, but it has significantly underperformed over the past year with a decline of -12.62%, contrasting with the Sensex's modest gain of +1.08%. Overall, the recent rise in the stock price may be attributed to a temporary rebound after a period of decline, but the broader market performance and declining investor interest suggest caution moving forward.