Why is Mercantile Vent. falling/rising?

As of 15-Oct, Mercantile Ventures Ltd is experiencing a price increase, currently at 29.49, reflecting a rise of 0.51 or 1.76%. Despite this upward movement today, the stock has underperformed its sector by 0.4% and has seen a trend reversal after three consecutive days of decline. In terms of returns, the stock has shown a year-to-date increase of 28.16% and a one-year increase of 15.20%, although it has underperformed the benchmark Sensex over the past week and month, with declines of 1.54% and 5.05% respectively. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 55.81% against the five-day average, which may indicate waning interest among investors.
Broader Market Context: The finance/NBFC sector has gained by 2.24%, contrasting with Mercantile Ventures' recent performance, which highlights the stock's relative weakness in the current market environment. While the stock is trading above its 100-day and 200-day moving averages, it remains below its shorter-term moving averages, suggesting mixed signals regarding its momentum. Overall, the stock's recent rise may be attributed to a temporary rebound after a period of decline, but its performance relative to the benchmark and sector indicates underlying challenges that could affect its future trajectory.