Why is Mefcom Capital falling/rising?

As of 19-Sep, Mefcom Capital Markets Ltd is experiencing a price increase, with its current price at 15.10, reflecting a change of 0.29 or 1.96% upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, Mefcom Capital is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend over a longer period. Notably, there has been a significant increase in investor participation, with delivery volume rising by 400.1% against the 5-day average, which may suggest growing interest or confidence among investors. However, the stock has underperformed in the longer term, with a year-to-date decline of 31.52% compared to a 5.74% increase in the benchmark.
In the broader market context, Mefcom Capital's short-term performance over the past week shows a decline of 0.72%, while the Sensex has increased by 0.88%, indicating that the stock is lagging behind the benchmark. This underperformance in the short term contrasts with the stock's impressive long-term gains over the past five years, where it has risen by 815.15% compared to the Sensex's 112.70%. The current market dynamics suggest that while there is a momentary rise in the stock price, the overall sentiment remains cautious given the significant declines in the past year and the stock's relative weakness against the benchmark.