Why is CitiPort Fin. falling/rising?

As of 07-Aug, CitiPort Financial Services Ltd is experiencing a price increase, with its current price at Rs 22.81, reflecting a rise of 1.08 or 4.97%. The stock has shown strong performance today, outperforming its sector by 4.75% and marking its third consecutive day of gains, accumulating a total return of 10.73% over this period. Additionally, the stock has performed well over the past week, with a return of 14.34%, although it has faced challenges year-to-date with a decline of 15.20%. Despite the positive movement, there has been a notable decrease in investor participation, with delivery volume dropping significantly, which may indicate caution among investors.
In the broader market context, while CitiPort has outperformed the Sensex in the short term, the benchmark has shown a decline of 0.69% over the past week. This contrast highlights the stock's relative strength despite its year-to-date struggles compared to the Sensex's positive return of 3.18%. The stock's current price is above its 5-day and 20-day moving averages, suggesting a short-term bullish trend, although it remains below its longer-term moving averages, indicating potential volatility ahead. Overall, the combination of recent gains and sector outperformance, tempered by declining investor participation, paints a complex picture of CitiPort's stock movement.