Why is Glance Finance falling/rising?

As of 13-Nov, Glance Finance Ltd is experiencing a price increase, with its current price at Rs 231.75, reflecting a rise of Rs 27.75 or 13.6%. The stock has shown strong performance today, outperforming its sector by 13.62%. It reached an intraday high of Rs 242.7, marking an increase of 18.97%, although it also saw a low of Rs 190.1, indicating high volatility with an intraday volatility of 12.15%. Over the past week, the stock has increased by 5.34%, and it has demonstrated significant growth over longer periods, with a 1-year return of 36.24% and a remarkable 3-year return of 294.13%. However, there has been a notable decline in investor participation, with delivery volume dropping by 99.41% against the 5-day average, which may indicate some caution among investors.
In the broader market context, Glance Finance's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.40% over the past week. This strong relative performance suggests that investor sentiment towards Glance Finance remains positive despite the erratic trading patterns observed, including a day without trading in the last 20 days. The stock's ability to trade above its moving averages indicates a bullish trend, yet the high volatility and falling investor participation may raise concerns about sustainability. Overall, while the stock is rising, the mixed signals from trading volume and volatility warrant close monitoring.