Why is Oasis Securities falling/rising?

As of 20-Oct, Oasis Securities Ltd is experiencing a price increase, currently at Rs 24.70, which reflects a rise of Rs 1.64 or 7.11%. The stock has shown strong performance today, outperforming its sector by 6.38% and reaching an intraday high of Rs 25, representing an 8.41% increase. Over the past week, the stock has gained 6.24%, and over the past month, it has risen by 15.91%. However, it is important to note that there has been a significant decline in investor participation, with delivery volume dropping by 75.62% against the 5-day average. Additionally, while the stock is trading above its 5, 20, 50, and 100-day moving averages, it remains below its 200-day moving average, indicating mixed signals regarding its long-term trend.
In the broader market context, Oasis Securities has outperformed the Sensex, which has only increased by 2.47% over the past week and 2.10% over the past month. This suggests that the stock's recent rise is not only due to company-specific factors but also reflects a stronger performance relative to the overall market. Despite a year-to-date decline of 34.40%, the stock has shown resilience with a 26.67% increase over the past year and an impressive 207.98% rise over the last three years. This performance indicates that while there are short-term challenges, the stock has potential for recovery, particularly in the context of its recent gains compared to the benchmark.