Why is Emk.Global Fin. falling/rising?

As of 12-Sep, Emkay Global Financial Services Ltd is experiencing a price increase, with the current price at 218.95, reflecting a change of 1.15 (0.53%) upward. The stock opened with a significant gain of 7.87% today, reaching an intraday high of Rs 234.95. However, it has underperformed its sector by 0.67% and has shown high volatility with an intraday volatility of 5.45%. Additionally, the stock's delivery volume has decreased by 59.33% against the 5-day average, indicating falling investor participation. Over the past month, the stock has increased by 5.77%, but it remains down 30.54% year-to-date, despite a strong performance of 151.23% over the last three years.
In the broader market context, the Sensex has increased by 1.48% over the past week and 2.08% over the past month, suggesting that while Emkay Global has shown some recovery in the short term, it is still lagging behind the benchmark in the immediate term. The stock's year-to-date performance is significantly worse than the Sensex's gain of 4.82%, highlighting a challenging environment for the company compared to the broader market. Despite the recent price increase, the overall trend indicates that Emkay Global is struggling to maintain momentum relative to market benchmarks.