Why is Jungle Camps falling/rising?

As of 17-Oct, Jungle Camps India Ltd is experiencing a significant rise in its stock price, currently at Rs 63.50, reflecting an increase of Rs 7.05 or 12.49%. Today's price summary indicates that the stock opened lower, down 2.64%, but managed to reach an intraday high of Rs 64.35, showcasing a volatility of 7.86%. Despite a wide trading range of Rs 9.39, the stock has been trading above its moving averages across various time frames. However, there has been a notable decline in investor participation, with delivery volume falling by 79.17% compared to the 5-day average, which may indicate a lack of sustained buying interest.
In the broader market context, Jungle Camps has outperformed the Sensex significantly in the short term, with a 1-week return of 13.39% compared to the Sensex's 1.76%. Over the past month, the stock has also shown a positive return of 10.43%, while the benchmark has only gained 1.52%. Despite these short-term gains, the year-to-date performance remains negative at -29.88%, contrasting with the Sensex's positive return of 7.44%. This discrepancy highlights the stock's volatility and potential for recovery, although the falling investor participation could pose challenges for continued upward momentum.