Why is Octal Credit Cap falling/rising?

As of 17-Oct, Octal Credit Capital Ltd is experiencing a price increase, with its current price at Rs 23.65, reflecting a rise of 2.15 or 10.0%. The stock has shown strong performance today, outperforming its sector by 10.04% and opening with a gain of 10%. It reached an intraday high of Rs 23.65 and has been trading in a narrow range, indicating stability. Additionally, the stock's delivery volume has increased by 23.95% compared to the 5-day average, suggesting rising investor participation. Over the past week, the stock has gained 8.09%, while its performance over the last month shows a 7.55% increase, although it remains down 39.28% year-to-date.
In the broader market context, the Sensex has only increased by 1.76% over the past week and 1.52% over the past month, highlighting that Octal Credit Capital's recent gains are significantly stronger than the benchmark. Despite its year-to-date decline of 39.28% compared to the Sensex's 7.44% increase, the stock's performance over the last five years is impressive, with a rise of 404.26%. This indicates that while the stock has faced challenges in the short term, its long-term growth potential remains robust. Overall, the combination of strong short-term performance, increased investor interest, and a favorable comparison to the benchmark suggests a positive outlook for Octal Credit Capital Ltd.