Why is Hybrid Financial falling/rising?

As of 16-Oct, Hybrid Financial Services Ltd is experiencing a significant rise in its stock price, currently at Rs 20.76, reflecting an increase of Rs 3.46 or 20.0%. The stock has shown a strong performance today, outperforming its sector by 20.12% and marking a trend reversal after four consecutive days of decline. Additionally, the stock has gained 41.22% over the past month and 61.43% over the past year, indicating robust long-term growth. However, there is a notable decline in investor participation, with delivery volume dropping by 84.99% against the 5-day average, which may raise concerns about sustainability in this upward movement.
In the broader market context, Hybrid Financial's short-term return of 3.44% over the past week significantly outpaces the Sensex, which has only increased by 1.58% in the same period. This strong relative performance suggests that the stock is gaining traction among investors despite the overall market conditions. The liquidity of the stock remains adequate, allowing for trades of Rs 0.02 crore, which supports its recent price increase. However, the falling delivery volume could indicate potential volatility ahead, as reduced investor engagement may affect future price movements.