Why is GCM Securit. falling/rising?

As of 19-Aug, GCM Securities Ltd is experiencing a price increase, with its current price at 0.84, reflecting a change of 0.01 or 1.2% upward. The stock has shown a positive trend recently, gaining for the last two days with a total return of 2.44%. Additionally, it has outperformed its sector by 1.23% today. However, despite this short-term gain, the stock has underperformed over longer periods, with a year-to-date decline of 28.21% and a three-year drop of 60.75%. There is a notable increase in investor participation, as evidenced by a 56.61% rise in delivery volume compared to the five-day average, indicating growing interest in the stock.
In the broader market context, the Sensex has shown a positive return of 1.76% over the past week, contrasting with GCM Securities' decline of 1.18% during the same period. While the stock's recent performance is encouraging, it remains below its longer-term moving averages, suggesting that it may still be struggling to regain momentum compared to the overall market. The liquidity of the stock is adequate for trading, which may support further interest from investors. Overall, while there are positive signs in the short term, the stock's long-term performance remains a concern in comparison to the benchmark.