Why is Everlon Fin. falling/rising?

As of 14-Nov, Everlon Financials Ltd is experiencing a price increase, with its current price at Rs 127.90, reflecting a rise of Rs 10.5 or 8.94%. The stock has shown strong performance today, outperforming its sector by 9.87% and achieving consecutive gains over the last two days, with a total return of 11.07% during this period. Although the stock has seen a decline of 2.59% over the past month and is down 8.41% year-to-date, it has performed exceptionally well over the longer term, with a staggering increase of 312.58% over the last three years. However, there has been a notable decrease in investor participation, as the delivery volume has fallen by 22.02% against the five-day average, which could indicate a potential concern for future price stability.
In the broader market context, the stock's short-term performance over the past week shows a gain of 8.11%, significantly outperforming the Sensex, which only increased by 1.62% during the same period. This suggests that while Everlon Financials Ltd is currently experiencing a positive momentum, it is essential to consider the broader market trends and the stock's recent decline in delivery volume, which may affect investor confidence moving forward. Overall, the stock's recent upward movement can be attributed to strong short-term gains and positive sector performance, despite the challenges indicated by declining investor participation.