Why is Rajnish Retail falling/rising?

As of 01-October, Rajnish Retail Ltd's stock price is rising, currently at Rs 7.57, reflecting an increase of 1.26 or 19.97%. The stock has shown a notable performance today, having outperformed its sector by 18.82% and marking a trend reversal after four consecutive days of decline. It opened with a gain of 2.22% and reached an intraday high of Rs 7.57. Despite this positive movement, the stock has seen a significant drop in year-to-date performance, down 28.25%, and a substantial decline of 44.34% over the past year. Additionally, the stock has been highly volatile today, with an intraday volatility of 9.55%, and there has been a decrease in investor participation, with delivery volume falling by 45% compared to the five-day average.
In the broader market context, Rajnish Retail's short-term return over the past week is +14.18%, contrasting sharply with the Sensex, which has declined by 0.90%. This indicates that the stock is performing well relative to the benchmark in the short term. However, the stock's year-to-date performance remains significantly lower than the Sensex's gain of 3.64%, highlighting a disparity in performance over a longer period. The liquidity of the stock is adequate for trading, but the recent drop in delivery volume suggests a potential concern regarding sustained investor interest.