Why is Oasis Securities falling/rising?

As of 12-Nov, Oasis Securities Ltd is experiencing a significant rise in its stock price, currently at Rs 24.72, reflecting an increase of Rs 2.72 or 12.36%. The stock has shown strong performance today, outperforming its sector by 11.67% and achieving consecutive gains over the last two days, with a total return of 14.29% during this period. It opened with a substantial gain of 13.45% and reached an intraday high of Rs 26.4, marking a 20% increase. However, the stock has also shown high volatility, with an intraday range of Rs 5.23 and a notable decline in delivery volume, which fell by 67.22% compared to the five-day average. Despite being above the shorter-term moving averages, it remains below the 200-day moving average, indicating mixed signals in terms of long-term momentum.
In the broader market context, Oasis Securities has outperformed the Sensex in the short term, with a one-week return of 2.23% compared to the Sensex's 1.21%. Over the past month, the stock has gained 6.74%, while the Sensex has only increased by 2.38%. However, it is important to note that the stock has significantly underperformed year-to-date and over the past year, with declines of 34.34% and 38.42%, respectively, contrasting sharply with the Sensex's positive returns. This recent upward movement may reflect a short-term recovery or speculative trading, but the long-term performance remains a concern for investors.