Why is Palash Securi. falling/rising?

As of 20-Oct, Palash Securities Ltd is experiencing a price increase, currently at Rs 123.75, reflecting a rise of 3.0 (2.48%). The stock opened with a gain of 2.48% today and has maintained this price level throughout the trading session. It has outperformed its sector by 1.75%, and the delivery volume has surged significantly, rising by 1286.27% compared to the 5-day average. Despite a year-to-date decline of 27.16%, the stock has shown strong performance over the past three years, with a return of 42.98%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive short-term momentum, although it remains below the 200-day moving average.
In the broader market context, Palash Securities Ltd's short-term performance over the past week has outpaced the Sensex, which gained 2.47% during the same period, while the stock rose by 5.05%. This indicates that investor sentiment towards Palash Securities is currently more favorable compared to the overall market. The significant increase in delivery volume suggests rising investor participation, which could be contributing to the stock's upward movement. However, the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's recent performance.