Why is Mach Conferences falling/rising?

As of 30-Oct, Mach Conferences & Events Ltd is experiencing a price increase, currently at 115.00, which reflects a rise of 12.4 or 12.09%. Today's price summary indicates that the stock has outperformed its sector by 11.57% and has shown a trend reversal after five consecutive days of decline. The stock reached an intraday high of Rs 118, marking a significant gain of 15.01%. Despite a wide trading range of Rs 16.85 and high volatility of 7.68%, the stock's performance over the past week shows a decline of 0.69%, and it has fallen 3.56% over the past month. Year-to-date, the stock is down 50.45%, indicating a challenging performance compared to the benchmark.
In the broader market context, the Sensex has shown a slight decline of 0.18% over the past week and a positive return of 5.15% over the past month, contrasting with Mach Conferences' negative returns in the same periods. The stock's year-to-date performance is significantly worse than the Sensex, which has gained 8.02%. However, the recent increase in delivery volume by 128.45% against the five-day average suggests rising investor participation, which may be contributing to the stock's upward movement today. Overall, while the stock has shown a positive short-term trend, its long-term performance remains under pressure compared to the broader market.