Why is Ceejay Finance falling/rising?

As of 13-Oct, Ceejay Finance Ltd is experiencing a price increase, currently at Rs 198.90, which reflects a rise of 8.9 or 4.68%. The stock has shown a strong performance today, outperforming its sector by 3.75% and achieving a consecutive gain over the last three days with a total return of 11.21%. Despite this positive short-term performance, the stock's year-to-date return remains significantly negative at -31.88%, and it has underperformed the benchmark Sensex over the past year, which has only increased by 1.16%. The stock's moving averages indicate it is performing better than the 5-day, 20-day, 50-day, and 100-day averages, but it is still below the 200-day moving average. Additionally, there has been a decline in investor participation, with delivery volume falling by 12.54% compared to the 5-day average.
In the broader market context, Ceejay Finance's short-term return of 6.16% over the past week significantly outpaces the Sensex, which has only increased by 0.66% during the same period. This suggests that while the stock is currently gaining traction, it is still recovering from a substantial decline over the longer term, as evidenced by its negative year-to-date and one-year returns. The liquidity of the stock appears adequate for trading, but the falling delivery volume may indicate a potential concern regarding sustained investor interest. Overall, the recent price rise reflects a short-term recovery phase, contrasting with its longer-term performance challenges.