Why is Emerald Leisures falling/rising?

As of 15-Oct, Emerald Leisures Ltd is experiencing a price increase, currently at Rs 208.50, which reflects a rise of Rs 4.25 or 2.08%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it reached an intraday high of Rs 208.55, indicating positive momentum, although it also touched a low of Rs 196. Despite trading lower than its moving averages across various time frames, the stock has seen a significant increase in delivery volume, rising by 384.54% against the five-day average, suggesting heightened investor interest. However, the stock's performance over the past week and month has been negative, with declines of 6.71% and 5.21%, respectively, while it has outperformed its sector by 0.31% today.
In the broader market context, the Sensex has shown positive returns, gaining 1.02% over the past week and 1.00% over the past month, contrasting with Emerald Leisures' recent struggles. Year-to-date, the stock is down 9.19%, while the Sensex has increased by 5.72%. Despite the short-term challenges, the stock has performed well over the longer term, with a 75.95% increase over the past year and a remarkable 325.51% rise over the past five years. This long-term performance may provide some reassurance to investors, even as the stock faces short-term volatility.