Why is Intec Capital falling/rising?

As of 01-October, Intec Capital Ltd's stock price is currently at Rs 16.80, reflecting an increase of Rs 1.34 or 8.67%. The stock has shown strong performance today, outperforming its sector by 8.18%, with an intraday high of Rs 17.85, representing a 15.46% increase. However, it also experienced volatility, with a low of Rs 14.77, indicating a wide trading range of Rs 3.08. Over the past week, the stock has gained 11.04%, while its year-to-date return stands at 16.02%, significantly outperforming the Sensex, which has only increased by 3.64% during the same period. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 96.18% against the 5-day average, which could indicate a potential concern for sustained upward momentum.
Broader Market Context: Intec Capital's recent performance contrasts sharply with the broader market, as the Sensex has decreased by 0.90% over the past week. This divergence highlights the stock's strength relative to the benchmark, particularly in the short term. While the stock has shown resilience and positive returns in the face of a declining market, the significant drop in delivery volume could suggest that investor confidence may be wavering, potentially impacting future price movements. Overall, while the stock is currently rising, the combination of high volatility and falling investor participation may pose challenges ahead.