Why is Madhusudan Sec. falling/rising?

As of 13-Oct, Madhusudan Securities Ltd is experiencing a price increase, currently at Rs 23.99, reflecting a rise of Rs 1.25 or 5.5%. The stock has shown strong performance today, outperforming its sector by 4.57% and has been on a gaining streak for the last three days, accumulating a total return of 14.29% during this period. It opened with a significant gain of 7.48% and reached an intraday high of Rs 27.25, marking a 19.83% increase. Despite this, the stock has also shown high volatility, with an intraday range of Rs 5.14 and a notable drop in delivery volume by 5.68% compared to the five-day average, indicating a potential decline in investor participation.
Broader market context shows that Madhusudan Securities has significantly outperformed the benchmark Sensex in the short term, with a one-week return of 14.08% compared to the Sensex's 0.66%. Over the past month, the stock has risen by 16.80%, while the Sensex has only increased by 0.52%. However, it is important to note that year-to-date, the stock is down 12.32%, contrasting with the Sensex's positive performance of 5.36%. This disparity highlights the stock's recent recovery in the short term, despite its longer-term underperformance relative to the broader market.