Why is Emk.Global Fin. falling/rising?

As of 24-Sep, Emkay Global Financial Services Ltd is experiencing a slight increase in its stock price, currently at 378.55, reflecting a change of 0.35 (0.09%) upwards. The stock has recently hit a new 52-week high of Rs. 409.9 and has shown impressive performance, gaining 60.44% over the past week and 75.25% over the past month. The stock has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 479.34% compared to the 5-day average, indicating strong demand and liquidity for the stock.
In the broader market context, Emkay Global's performance stands in stark contrast to the Sensex, which has declined by 1.18% over the past week. While the Sensex has shown a modest gain of 0.50% over the past month, Emkay Global's remarkable returns of 75.25% in the same period highlight its strong market position. The stock's year-to-date increase of 20.10% and a substantial 90.13% rise over the past year further emphasize its outperformance relative to the benchmark, which has seen a decline of 3.77% over the same timeframe. This divergence suggests that investor sentiment towards Emkay Global is particularly positive, contributing to its rising stock price amidst a generally challenging market environment.