Why is Mehta Integrat. falling/rising?

As of 06-Nov, Mehta Integrated Finance Ltd is experiencing a price increase, with its current price at Rs 26.52, reflecting a rise of 1.26 (4.99%). The stock has shown a positive trend recently, gaining 10.22% over the last two days and outperforming its sector by 5.82% today. Despite this upward movement, the stock has had a challenging year-to-date performance, down 26.31%, although it has seen significant growth over the longer term, with a 3-year return of 118.99%. Notably, the stock opened with a gain today and reached an intraday high of Rs 26.52, but it has also faced erratic trading patterns, having not traded on 2 out of the last 20 days. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 99.62% against the 5-day average.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 5.11% over the past week while the Sensex has declined by 1.30%. This indicates that Mehta Integrated Finance Ltd is currently outperforming the market in the short term. However, over the past month, the stock has underperformed, down 4.05%, while the Sensex has risen by 1.86%. The liquidity of the stock remains adequate for trading, but the decline in delivery volume suggests a potential concern regarding sustained investor interest. Overall, while the stock is experiencing a rise in price, the long-term performance and recent trading patterns indicate a complex situation that may require further monitoring.