Why is Purple Finance falling/rising?

As of 27-Oct, Purple Finance Ltd's stock price is currently at 39.50, reflecting an increase of 1.18 or 3.08%. The stock has shown a positive trend recently, gaining 3.48% over the last two days and outperforming its sector by 2.8% today. It opened with a significant gain of 5.69% and reached an intraday high of Rs 40.5. However, despite these gains, the stock has experienced a substantial decline year-to-date, down 41.41%, and has seen a notable drop in investor participation, with delivery volume falling by 84.92% against the 5-day average. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that Purple Finance has outperformed the Sensex in the short term, with a 1-week return of 5.81% compared to the benchmark's 0.49%. Over the past month, the stock has also shown a strong performance, rising 10.40% while the Sensex increased by 5.41%. Despite these short-term gains, the stock's long-term performance remains concerning, as it has underperformed the benchmark significantly over the year and year-to-date periods.