Why is Everlon Fin. falling/rising?

As of 30-Oct, Everlon Financials Ltd is experiencing a price increase, currently at Rs 124.00, which reflects a rise of Rs 7.1 or 6.07%. Today's performance indicates that the stock has outperformed its sector by 6.61%, reaching an intraday high of Rs 124.5. However, despite this positive movement, the stock has shown a decline of 2.55% over the past month and a year-to-date drop of 11.21%. The trading volume has decreased, with a 4.45% drop in delivery volume compared to the 5-day average, indicating falling investor participation. Additionally, while the stock is trading higher than its 5-day moving averages, it remains below the longer-term moving averages, suggesting mixed signals regarding its momentum.
Broader market context shows that the Sensex has increased by 5.15% over the past month, contrasting with Everlon's decline during the same period. In the short term, Everlon's 1-week return of 1.76% is positive compared to the Sensex's slight decrease of 0.18%, indicating some resilience against broader market trends. However, the stock's year-to-date performance is significantly lagging behind the benchmark, which has gained 8.02%. This divergence highlights the challenges Everlon faces in maintaining investor confidence despite today's price rise.