Why is Hybrid Financial falling/rising?

As of 23-Oct, Hybrid Financial Services Ltd is experiencing a price increase, with its current price at Rs. 33.96, reflecting a rise of Rs. 1.61 or 4.98%. The stock has reached a new 52-week high today and has been on a strong upward trend, gaining 96.3% over the last five days. Additionally, it has significantly outperformed the sector by 4.84% today. The stock's performance over various periods shows impressive returns, with a 1-month increase of 130.08% and a year-to-date rise of 110.93%. However, there has been a notable decline in investor participation, with delivery volume falling by 53.7% against the 5-day average, which may indicate a potential concern for future momentum.
In the broader market context, Hybrid Financial's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.30% over the past week. This significant outperformance highlights the stock's strong appeal among investors, particularly in the short term. The stock is also trading above all its moving averages, suggesting a bullish trend. Despite the drop in delivery volume, the liquidity remains sufficient for trading, indicating that while interest may be waning, the stock is still accessible for transactions. Overall, the combination of strong returns and a recent high suggests that investor sentiment remains positive, contributing to the stock's rising price.