Why is Gogia Capital falling/rising?

As of 22-Aug, Gogia Capital Growth Ltd's stock price is rising, currently at Rs 75.95, reflecting an increase of 3.61 or 4.99%. The stock has shown strong performance recently, gaining 10.23% over the past week and outperforming its sector by 5.43% today. It has experienced consecutive gains for the last two days, and today's trading opened with a significant gap up of 4.99%. Despite some erratic trading patterns, with the stock not trading on three days out of the last twenty, there has been a notable increase in delivery volume, which rose by 15.7% against the five-day average. However, the stock's performance year-to-date remains negative at -32.19%, indicating a longer-term struggle despite recent gains.
Broader market context shows that while Gogia Capital has outperformed the Sensex by a considerable margin in the short term, with a 10.23% increase compared to the benchmark's 0.88% over the past week, its year-to-date performance is significantly lagging behind the Sensex, which has gained 4.05%. This contrast highlights the stock's volatility and the potential for recovery in the short term, even as it continues to face challenges in the broader market over a longer timeframe. The stock's liquidity appears adequate for trading, which may contribute to its recent upward movement.