Why is Emk.Global Fin. falling/rising?

As of 17-Jul, Emkay Global Financial Services Ltd is experiencing a price increase, currently at Rs 262.05, which reflects a rise of Rs 4.65 or 1.81%. The stock has shown strong performance today, outperforming its sector by 2.14% and reaching an intraday high of Rs 264, marking a 2.56% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 1.57%, and it has performed exceptionally well over the past year with a return of 61.21%, despite a year-to-date decline of 16.86%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.12% over the past week, Emkay Global's short-term return is notably stronger. While the Sensex has shown a modest gain of 0.83% over the past month, Emkay Global has outperformed with a return of 9.19% in the same timeframe. This indicates that the stock is not only rising in value but is also gaining traction against broader market trends, suggesting a favorable sentiment among investors despite its year-to-date performance.