Why is IL&FS Inv.Manag. falling/rising?

As of 14-Nov, IL&FS Investment Managers Ltd's stock price is currently at Rs 9.17, reflecting an increase of Rs 1.48 or 19.25%. The stock has shown strong performance today, outperforming its sector by 18.49% and has been on a consecutive gain streak for the last three days, accumulating a total return of 23.09% during this period. It opened with a significant gain of 4.03% and reached an intraday high of Rs 9.22. Additionally, the stock is trading above its moving averages across various time frames, indicating a bullish trend. The rising investor participation is notable, with delivery volume increasing by 55.49% compared to the five-day average. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that IL&FS Investment Managers Ltd has outperformed the benchmark Sensex in the short term, with a one-week return of 21.62% compared to the Sensex's 1.62%. Over the past month, the stock has also outperformed the benchmark, returning 15.49% against the Sensex's 3.09%. Despite this recent upward momentum, the year-to-date performance remains negative at -16.64%, while the Sensex has gained 8.22% during the same period. This indicates that while the stock is currently experiencing a positive trend, it has struggled over a longer time frame compared to the broader market.