Why is Gogia Capital falling/rising?

As of 18-Nov, Gogia Capital Growth Ltd is experiencing a price increase, currently at Rs 89.20, which reflects a rise of 4.94%. Today's price summary indicates that the stock outperformed its sector by 5.72%, despite opening with a loss of 3.53%. The stock reached an intraday high of Rs 89.20, but also touched a low of Rs 82. Additionally, the stock has shown a mixed performance over various periods, with a year-to-date decline of 20.36% while having a one-year return of 23.68%. Notably, there has been a significant drop in investor participation, with delivery volume falling by 82.63% against the five-day average, which may indicate a lack of confidence among investors.
Broader market context shows that Gogia Capital's short-term performance, with a 4.94% increase over the past week, significantly outpaces the Sensex's gain of 0.96% in the same period. However, the stock's year-to-date performance is considerably weaker compared to the benchmark, which has risen by 8.36%. This contrast highlights the stock's volatility and the challenges it faces in regaining investor trust, especially given the erratic trading patterns observed over the last 20 days. The liquidity of the stock remains adequate for trading, but the erratic trading and declining investor participation suggest caution among market participants.