Why is Munoth Fin.Serv. falling/rising?

As of 29-Jul, Munoth Financial Services Ltd is experiencing a price increase, with its current price at Rs 57.69, reflecting a rise of Rs 2.69 or 4.89%. The stock has shown a positive trend recently, gaining 8.6% over the last two days and outperforming its sector by 4.43% today. Despite a wide trading range with a day's low of Rs 52.25, the stock's performance has been bolstered by a significant increase in delivery volume, which rose by 169.92% against the 5-day average. However, the stock's year-to-date performance remains negative at -16.03%, indicating a longer-term struggle despite recent gains.
In the broader market context, the stock's short-term return of +1.21% over the past week contrasts with the Sensex, which has declined by -1.03% during the same period. This suggests that Munoth Financial Services Ltd is managing to attract investor interest even as the overall market faces challenges. The stock's performance over the last month shows a decline of -6.09%, which is worse than the Sensex's -3.24%, indicating that while it is currently rising, it has faced significant headwinds in the recent past.