Why is Intec Capital falling/rising?

As of 18-Sep, Intec Capital Ltd's stock price is currently at Rs 16.84, reflecting an increase of Rs 1.47, or 9.56%. The stock has shown a positive performance today, outperforming its sector by 9.23% and reversing a trend after two consecutive days of decline. It opened with a gain of 2.8% and reached an intraday high of Rs 17.8, marking a significant rise of 15.81%. However, the stock also experienced volatility, trading within a wide range of Rs 2.75 and showing a high intraday volatility of 8.34%. Despite these positive movements, there has been a notable decline in investor participation, with delivery volume dropping by 94.25% compared to the 5-day average. The stock's performance over the past year shows a gain of 6.65%, which is significantly better than the Sensex's minimal increase of 0.08%.
In the broader market context, Intec Capital's short-term return of 5.25% over the past week significantly outpaces the Sensex's return of 1.80%. This indicates a strong relative performance in the short term, despite a slight decline of 0.30% over the past month compared to the Sensex's 2.14% increase. The year-to-date performance of Intec Capital at 16.30% also surpasses the Sensex's 6.24%, suggesting that while the stock has faced challenges in the longer term, it is currently experiencing a positive momentum that is attracting attention in the market.