Why is Regent Enterp. falling/rising?

As of 10-Oct, Regent Enterprises Ltd has experienced a price increase, with the current price at 6.23, reflecting a change of 0.48 or 8.35% upward. The stock has outperformed its sector today by 8.39%, and its performance over the past week shows a return of 6.50%, significantly higher than the Sensex's 1.59%. However, despite the positive short-term performance, the stock has seen a decline of 34.90% year-to-date. Additionally, the stock's delivery volume has decreased by 46.2% compared to the 5-day average, indicating a drop in investor participation, which could be a concern for future price stability.
In the broader market context, Regent Enterprises Ltd's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex in the short term but has a negative year-to-date return compared to the index's positive 5.58%. This suggests that while the stock is currently gaining traction, it has struggled significantly over a longer period. The liquidity of the stock remains adequate for trading, but the falling investor participation could pose challenges ahead. Overall, the stock's recent rise appears to be driven by short-term momentum rather than a fundamental recovery, as indicated by its long-term performance metrics.