Why is Dhruva Cap.Serv. falling/rising?

As of 20-Oct, Dhruva Capital Services Ltd is experiencing a price increase, currently at Rs 149.35, reflecting a rise of 7.0 points or 4.92%. The stock has been on a positive trajectory, gaining for the last four consecutive days and achieving a total return of 21.42% during this period. Despite this recent uptick, the stock has shown a significant decline over the longer term, with a year-to-date drop of 58.51% and a one-year decrease of 64.52%. Notably, while the stock outperformed its sector by 4.19% today, there has been a concerning decline in investor participation, with delivery volume falling by 57.68% against the five-day average. The absence of specific positive or negative factors in the dashboard limits further insights into the underlying reasons for the stock's movement.
Broader Market Context: In the short term, Dhruva Capital Services Ltd has significantly outperformed the benchmark Sensex, which has only increased by 2.47% over the past week compared to the stock's impressive 20.44% gain. However, the stock's longer-term performance remains troubling, as it has underperformed the Sensex over the past month and year. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, indicating a short-term bullish trend, yet it remains below its 100-day and 200-day moving averages, suggesting potential challenges ahead. Overall, while the recent gains are encouraging, the broader context reveals a stock that has struggled significantly over time.