Why is MILGREY FIN.&INV falling/rising?

As of 17-Nov, Milgrey Finance & Investments Ltd is experiencing a price increase, currently at Rs 70.15, which represents a rise of 3.34 or 5.0%. The stock has shown a positive trend recently, gaining 10.21% over the last two days, despite opening with a loss of 3.74% today. The stock outperformed its sector by 4.58% today, and while it touched an intraday high of Rs 70.15, it also faced a low of Rs 64.31. In terms of returns, the stock has increased by 3.80% over the past week, although it has seen a significant decline of 16.36% over the past month and 31.23% year-to-date. There is a notable rise in investor participation, with delivery volume increasing by 107.55% against the 5-day average, indicating growing interest in the stock.
In the broader market context, Milgrey's recent performance contrasts with the Sensex, which has gained 1.69% over the past week. While the stock has shown short-term resilience, its longer-term performance remains concerning, with a year-to-date decline of 31.23% compared to the Sensex's increase of 8.72%. This divergence highlights the stock's volatility and potential challenges it faces in regaining investor confidence, despite the recent uptick in price and trading activity.