Why is Morarka Finance falling/rising?

As of 16-Oct, Morarka Finance Ltd's stock price is currently at 104.50, reflecting an increase of 3.91, or 3.89%. The stock has been gaining momentum, having outperformed its sector by 4.01% today and achieving a consecutive gain over the last three days with a total return of 8.81%. It opened with a notable gain of 6.37% and reached an intraday high of Rs 113, marking a 12.34% increase. The stock's performance over the past week shows a return of +5.48%, while it has also outperformed the benchmark Sensex, which returned +1.58% in the same period. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 135.1% compared to the five-day average, indicating growing interest in the stock.
In the broader market context, Morarka Finance's short-term performance is notably stronger than the Sensex, which suggests that specific factors related to the company are driving its price upward. Despite a year-to-date decline of 32.14% compared to the Sensex's gain of 6.82%, the recent positive momentum indicates a potential turnaround. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's recent movement. The stock remains liquid enough for trading, which may also contribute to its rising price.