Why is Hybrid Financial falling/rising?

As of 20-Oct, Hybrid Financial Services Ltd is experiencing a significant rise in its stock price, currently at Rs. 29.41, reflecting an increase of 4.86 or 19.8%. The stock has recently hit a new 52-week high of Rs. 29.46 and has been on a positive trajectory, gaining 70% over the last three days. Despite opening with a loss of 2.28% today, it has shown strong performance, outperforming its sector by 19.07%. The stock's returns over various periods are impressive, with a 1-month increase of 105.52% and a year-to-date rise of 82.67%. Additionally, the stock is trading above all its moving averages, indicating a strong upward trend. There is also a notable increase in investor participation, with delivery volume rising by over 1000% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Hybrid Financial's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 2.47% over the past week. The stock's volatility today has been high, with an intraday volatility of 9.6%, indicating active trading and investor engagement. The liquidity of the stock remains favorable, allowing for trades of substantial size, which can further support its price movement. Overall, the combination of strong recent performance, increased investor participation, and favorable trading conditions contributes to the stock's rising trajectory amidst a generally stable market environment.