Why is Oasis Securities falling/rising?

As of 30-Oct, Oasis Securities Ltd is experiencing a significant rise in its stock price, currently at Rs 27.26, reflecting an increase of 4.36 or 19.04%. The stock has shown strong performance today, outperforming its sector by 19.56% and has gained 19.61% over the last two days. Despite opening with a loss of 2.14%, it reached an intraday high of Rs 27.48, indicating high volatility with a wide trading range of Rs 5.07. The stock's performance over the past week and month has been notably positive, with returns of 9.83% and 21.37%, respectively, although it has seen a year-to-date decline of 27.60%. There is a concerning trend in falling investor participation, as delivery volume has decreased significantly by 81.39% against the 5-day average, which may impact future price movements.
In the broader market context, Oasis Securities has outperformed the Sensex, which has seen a slight decline of 0.18% over the past week, while the stock itself has gained nearly 10%. This contrast highlights the stock's strong short-term performance relative to the benchmark. However, despite the recent gains, the year-to-date performance remains negative compared to the Sensex's positive return of 8.02%. The stock's ability to maintain its upward trajectory will depend on addressing the declining investor participation and sustaining the momentum generated in the short term.