Why is Morgan Ventures falling/rising?

As of 18-Sep, Morgan Ventures Ltd is experiencing a price increase, with the current price at 84.80, reflecting a change of 5.99 or 7.6% upward. The stock has been gaining for the last two days, achieving a total return of 8.97% during this period. It opened with a gain of 4.8% today and reached an intraday high of Rs 84.85. However, despite this positive movement, the stock has shown a decline of 30.09% year-to-date, although it has performed well over the past year with a return of 37.93%. Notably, there has been a significant drop in investor participation, with delivery volume falling by 73.92% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Morgan Ventures' recent performance contrasts with the benchmark Sensex, which has gained 1.80% over the past week and 2.14% over the past month. While the stock has outperformed its sector by 7.27% today, its year-to-date performance remains significantly lower than the benchmark's 6.24% gain. The stock's moving averages indicate that it is currently above the 5-day and 20-day averages but below the longer-term averages, suggesting mixed signals regarding its momentum. Overall, while the stock is rising in the short term, the broader market context and declining investor participation may pose challenges for its future performance.