Why is Dharni Capital falling/rising?

As of 08-Sep, Dharni Capital Services Ltd is experiencing a price increase, currently at Rs. 59.90, reflecting a rise of 4.2 or 7.54%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 7.22%. It opened with a significant gain of 7.54% and has maintained this price throughout the trading session. Additionally, the stock has shown strong performance over various periods, with a year-to-date return of 31.94% compared to a 3.39% increase in the benchmark. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.75% against the 5-day average, which could indicate potential volatility in future trading.
Broader Market Context: In the short term, Dharni Capital's return of 7.54% over the past week significantly outpaces the Sensex's modest gain of 0.53%. This strong performance suggests that the stock is gaining traction among investors, likely driven by positive sentiment and favorable trading conditions. Despite the drop in delivery volume, the stock's consistent trading above its moving averages indicates a bullish trend, contrasting with the broader market's slower growth. Overall, while the stock is rising, the erratic trading patterns and reduced investor participation may warrant caution moving forward.