Why is Dhoot Indl.Fin falling/rising?

As of 28-Oct, Dhoot Industrial Finance Ltd is experiencing a price increase, currently at Rs 271.55, which reflects a rise of Rs 12.6 or 4.87%. The stock has shown strong performance today, outperforming its sector by 5.62% and achieving a consecutive gain over the last three days, with a total return of 7.29% during this period. The stock reached an intraday high of Rs 274, although it also touched a low of Rs 253.3. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. There has been an increase in investor participation, with delivery volume rising by 0.98% against the 5-day average, suggesting growing interest in the stock.
In the broader market context, Dhoot Industrial Finance Ltd has outperformed the Sensex in the short term, with a 1-week return of 5.85% compared to the Sensex's 0.24%. Over the past month, the stock has gained 7.97%, while the Sensex has increased by 5.22%. However, it is important to note that the stock has a year-to-date decline of 29.47%, contrasting sharply with the Sensex's gain of 8.30%. This mixed performance highlights the stock's volatility and the potential for recovery, as indicated by its significant gains over the past three years and five years, despite recent challenges.