Why is Mansi Fin.(Chen) falling/rising?

As of 05-Aug, Mansi Finance (Chennai) Ltd is experiencing a price increase, currently at Rs 69.97, which reflects a rise of 1.4 or 2.04%. The stock has shown strong performance today, outperforming its sector by 2.13% and opening with a gain of 2.64%. It reached an intraday high of Rs 70.38 and has traded within a narrow range of Rs 0.41. Additionally, the stock's delivery volume has surged by 704.2% compared to the 5-day average, indicating rising investor participation. Over the past week, the stock has gained 5.36%, contrasting with a decline of 0.77% in the Sensex, and it has also performed well over the past year with a return of 35.34%.
In the broader market context, while Mansi Finance has outperformed the benchmark Sensex in the short term, it has underperformed year-to-date with a decline of 4.20% compared to the Sensex's gain of 3.29%. The stock's performance over the last three years has been impressive, with a return of 165.54%, significantly higher than the Sensex's 38.23%. Despite the recent positive momentum, the stock's year-to-date performance indicates some volatility, which investors may be monitoring closely. Overall, the combination of strong short-term gains and increased trading activity suggests a positive sentiment around Mansi Finance, even as it navigates broader market challenges.