Why is Mefcom Capital falling/rising?

As of 22-Sep, Mefcom Capital Markets Ltd's stock price is rising, currently at 15.89, with a change of 0.79, representing a 5.23% increase. The stock has been gaining for the last two days, with a total return of 7.29% during this period. It has outperformed its sector by 4.81% today. Additionally, the stock's performance over the past week shows a 2.65% increase, although it has underperformed over the past month and year-to-date, with declines of 0.69% and 27.94%, respectively. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a positive short-term trend, but it remains below its 200-day moving average. Rising investor participation is evident, with a significant increase in delivery volume, which has risen by 178.18% compared to the 5-day average.
In the broader market context, Mefcom Capital's short-term performance of +2.65% over the past week significantly outpaces the Sensex, which has only increased by 0.46% during the same period. However, the stock has struggled in the longer term, with a year-to-date decline of 27.94%, contrasting sharply with the Sensex's gain of 5.15%. This suggests that while the stock is currently experiencing a positive momentum, it has faced substantial challenges over the longer term. The absence of specific positive or negative factors in the dashboard does not detract from the current upward movement, which is likely driven by increased trading activity and investor interest.