Why is Charter. Capital falling/rising?

As of 17-Jul, Chartered Capital & Investment Ltd's stock price is currently at 275.00, reflecting an increase of 10.1, or 3.81%. Today's price summary indicates that the stock has outperformed its sector by 4.14%, reaching an intraday high of Rs 309.7, which represents a significant increase of 16.91%. Despite high volatility with an intraday fluctuation of 7.8%, the stock is trading above its moving averages across various time frames. However, there is a notable decline in investor participation, with delivery volume dropping by 91.29% compared to the 5-day average. The stock has shown consistent returns over the past three years, generating a 12.24% return in the last year, although its profits have slightly decreased by 0.7%. The company has an attractive valuation with a Price to Book Value of 0.5, yet it faces challenges with a weak long-term fundamental strength indicated by an average Return on Equity of 1.35%.
In the broader market context, the stock has performed well in the short term, with a 5.77% increase over the past week, contrasting sharply with the Sensex, which has declined by 1.12% during the same period. While the stock has outperformed the benchmark in recent weeks and months, its year-to-date performance shows a decline of 0.74% compared to the Sensex's gain of 5.27%. This suggests that while the stock is experiencing a rise in the short term, it may still be facing challenges in maintaining momentum against broader market trends.