Why is Rajkot Inv.Trust falling/rising?

As of 31-Oct, Rajkot Investment Trust Ltd is experiencing a price increase, currently at Rs 49.92, reflecting a rise of 2.37 or 4.98%. The stock has shown strong performance today, outperforming its sector by 5.71% and achieving a consecutive gain over the last two days with a total return of 10.22%. It opened with a gain of 4.98% and reached an intraday high of Rs 49.92. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 370.67% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, the stock has had a mixed performance compared to the benchmark Sensex. Over the past week, Rajkot Investment Trust has declined by 0.91%, while the Sensex has decreased by only 0.32%. However, over the past month, the stock has outperformed the benchmark with a return of 13.51% compared to the Sensex's 3.65%. Year-to-date, the stock is down 21.76%, contrasting with the Sensex's gain of 7.42%. This indicates that while the stock is currently rising, it has faced significant challenges throughout the year, but recent trends suggest a potential recovery.