Why is Inani Securities falling/rising?

As of 23-Jun, Inani Securities Ltd's stock price is rising, currently at Rs 32.19, reflecting an increase of Rs 1.53 or 4.99%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 10.24% during this period. Additionally, it has outperformed its sector by 4.46%. The stock is trading above its moving averages across various time frames, indicating a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by over 5000% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Inani Securities has outperformed the Sensex in the short term, with a 1-week return of 15.62% compared to the benchmark's mere 0.12%. Over the past month, the stock has also outpaced the Sensex, achieving a return of 7.30% against the index's 0.22%. While the stock has faced a decline of 16.63% over the past year, its recent performance indicates a recovery phase, supported by strong trading activity and positive investor sentiment. The absence of any negative factors in the provided data further reinforces the stock's upward movement.