Why is Morgan Ventures falling/rising?

As of 22-Sep, Morgan Ventures Ltd is experiencing a price increase, currently at 81.50, reflecting a rise of 2.51 or 3.18%. The stock opened with a gain of 3.54% today and reached an intraday high of Rs 83, indicating strong initial momentum. However, it also touched a low of Rs 77 during the day, suggesting some volatility. Over the past week, the stock has outperformed its sector by 2.76%, and its one-month return stands at +5.57%. Despite a year-to-date decline of 32.81%, the stock has shown resilience with a one-year return of +30.76% and a remarkable five-year return of +892.69%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week, Morgan Ventures' return of +3.16% indicates a strong performance relative to the broader market. The stock's recent upward movement suggests that it is gaining traction among investors, despite a decline in delivery volume and liquidity concerns. The stock's performance today, alongside its historical returns, highlights its potential for recovery, particularly in the context of a generally positive short-term trend compared to the benchmark.