Why is Oasis Securities falling/rising?

As of 06-October, Oasis Securities Ltd is experiencing a price increase, currently at Rs 23.62, which reflects a rise of 2.56 or 12.16%. The stock has shown a strong performance today, having outperformed its sector by 10.95% and opened with a significant gain of 9.16%. After two consecutive days of decline, the stock has reversed its trend, reaching an intraday high of Rs 24, which is a 13.96% increase. In terms of returns, the stock has performed well over the past week and month, with increases of 9.71% and 16.24%, respectively, although it has a year-to-date decline of 37.26%. Notably, the stock is trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume falling by 48.42% against the 5-day average.
In the broader market context, Oasis Securities has significantly outperformed the Sensex over the past week and month, where the benchmark index has only increased by 1.77% and 1.34%, respectively. This indicates that the stock's recent rise is not just a reflection of broader market trends but also suggests a strong recovery or interest in Oasis Securities specifically. Despite the positive short-term performance, the stock's year-to-date decline remains a concern, especially when compared to the Sensex's 4.67% increase during the same period. Overall, while the stock is currently rising, the falling investor participation and its substantial year-to-date drop highlight the mixed sentiment surrounding Oasis Securities.