Why is PMC Fincorp falling/rising?

As of 20-Oct, PMC Fincorp Ltd is experiencing a price increase, with its current price at 2.02, reflecting a change of 0.05 or 2.54% upward. The stock has shown a positive performance today, outperforming its sector by 1.81% and has been on a consecutive gain for the last two days, resulting in a total return of 4.66% during this period. Additionally, the stock's performance over the past week has been strong, with a return of 6.32%, although it has underperformed over the longer term, with a year-to-date decline of 42.12% and a one-year drop of 55.74%. The rising investor participation, indicated by an increase in delivery volume, suggests growing interest in the stock, contributing to its recent upward movement.
In the broader market context, PMC Fincorp's short-term return of 6.32% over the past week significantly outpaces the Sensex's return of 2.47% during the same period. This indicates that while the stock has struggled in the longer term, it is currently gaining traction relative to the benchmark. However, it is important to note that despite the recent gains, the stock remains below its longer-term moving averages, which may indicate ongoing challenges ahead. The absence of specific positive or negative factors in the dashboard limits a more detailed analysis of the influences on the stock's price movement.