Why is Mangal Credit falling/rising?

As of 29-Oct, Mangal Credit & Fincorp Ltd's stock price is currently at Rs 186.95, reflecting an increase of Rs 4.65 or 2.55%. The stock has shown strong performance recently, gaining 5.59% over the last three days and outperforming its sector by 2.49% today. Additionally, the stock has consistently outperformed the benchmark Sensex across various time frames, with a year-to-date return of 23.36% compared to the Sensex's 8.78%. The rising investor participation is evident, with a significant increase in delivery volume, which has surged by 302.27% against the five-day average, indicating strong demand for the stock.
In the broader market context, Mangal Credit's short-term performance of 4.62% over the past week significantly exceeds the Sensex's return of 0.68% during the same period. This outperformance suggests that investor sentiment towards Mangal Credit is particularly positive compared to the overall market. The stock's current price is also above its shorter-term moving averages, which typically indicates bullish momentum, although it remains below the 100-day moving average. Overall, the combination of strong recent gains, increased trading activity, and favorable comparisons to the benchmark supports the upward movement in Mangal Credit's stock price.