Why is Digikore Studios falling/rising?

As of 31-Oct, Digikore Studios Ltd is experiencing a price increase, currently at 96.50, reflecting a rise of 11.35 or 13.33%. The stock has shown strong performance today, outperforming its sector by 13.57%. In terms of returns, over the past week, the stock has increased by 13.46%, while the Sensex has slightly declined by 0.28%. However, despite this positive movement, there has been a notable decrease in investor participation, with delivery volume falling by 20.18% against the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, indicating mixed signals regarding its longer-term trend.
Broader market context shows that while Digikore Studios has performed well in the short term, its year-to-date performance is significantly lower, down 32.52%, compared to the Sensex, which has gained 8.79% during the same period. This stark contrast highlights the challenges the company has faced over a longer timeframe, despite recent gains. The overall market sentiment appears to be more favorable towards the benchmark, suggesting that while Digikore Studios is currently rising, it is still navigating a difficult landscape relative to broader market trends.