Why is Nisus Finance falling/rising?

As of 23-Oct, Nisus Finance Services Co Ltd is experiencing a price increase, with its current price at Rs 350.00, reflecting a change of 2.1 (0.6%) upwards. The stock has shown a positive performance today, outperforming its sector by 0.46% and achieving a consecutive gain over the last three days, resulting in a total return of 4.32% during this period. Additionally, the stock reached an intraday high of Rs 360, indicating strong upward momentum. Despite a year-to-date decline of 25.27%, the recent trading activity has seen increased investor participation, with a notable rise in delivery volume by 22.45% against the 5-day average, suggesting growing interest among investors.
In the broader market context, the stock's short-term return of +4.23% over the past week significantly outpaces the Sensex's return of +1.30%, highlighting its relative strength in the market. However, the stock's year-to-date performance remains weak compared to the benchmark, which has gained 8.21% during the same period. This contrast indicates that while the stock is currently experiencing a positive trend, it still faces challenges in recovering from its substantial losses earlier in the year. Overall, the recent gains can be attributed to improved trading activity and investor sentiment, despite the stock's longer-term struggles.