Why is Inani Securities falling/rising?

As of 24-Jun, Inani Securities Ltd is experiencing a price increase, currently at Rs 33.75, reflecting a rise of Rs 1.56 or 4.85%. The stock has shown strong performance today, outperforming its sector by 3.93% and achieving a consecutive gain over the last three days, with a total return of 15.58% during this period. It opened with a significant gain of 4.97% and reached an intraday high of Rs 33.79. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume falling by 4.77% compared to the 5-day average, indicating a potential concern for sustained momentum.
In the broader market context, Inani Securities has outperformed the Sensex significantly over the past week, with a return of 17.39% compared to the benchmark's 0.58%. Over the past month, the stock has also shown a strong return of 12.50%, while the Sensex has only increased by 0.41%. Despite a year-to-date return of 13.33% for Inani Securities, it lags behind the Sensex's 5.01% increase over the same period. This strong short-term performance relative to the benchmark suggests that investor sentiment is currently favorable towards Inani Securities, contributing to its rising stock price.