Why is Quest Capital falling/rising?

As of 23-Sep, Quest Capital Markets Ltd is experiencing a price increase, with the current price at Rs 346.90, reflecting a rise of Rs 6.9 or 2.03%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 1.7% today and reached an intraday high of Rs 349.8. However, despite this positive movement, the stock's delivery volume has significantly decreased by 62.57% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has increased by 1.14%, while its year-to-date performance shows a decline of 29.65%, suggesting a challenging overall trend despite recent gains.
Broader market context reveals that while Quest Capital has outperformed the Sensex in the short term, the benchmark index has shown a slight decline of 0.34% over the past week. In the longer term, the stock has underperformed the Sensex year-to-date and over the past year, with declines of 29.65% and 30.06%, respectively. However, over a three-year period, both the stock and the Sensex have performed similarly, with Quest Capital showing a return of 41.65%. This indicates that while the stock is currently rising, it faces significant challenges in regaining its previous performance levels compared to the broader market.