Why is Croissance Ltd falling/rising?

As of 13-Oct, Croissance Ltd is experiencing a significant rise in its stock price, currently at 2.91, reflecting an increase of 0.48 or 19.75%. The stock has outperformed its sector by 19.95% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 71.25% compared to the 5-day average. Year-to-date, the stock is down 21.56%, and over the past year, it has decreased by 21.77%, suggesting that while there is a short-term rally, the longer-term performance remains weak.
In the broader market context, Croissance Ltd's recent performance stands in stark contrast to the Sensex, which has only increased by 0.66% over the past week. The stock's short-term return of 19.26% over the last week significantly outpaces the benchmark, indicating a strong rebound relative to the overall market. Despite this positive short-term movement, the stock's longer-term performance remains concerning, as it has underperformed the Sensex over the past month, year, and three years.