Why is Reliable Ventur. falling/rising?

As of 22-Sep, Reliable Ventures India Ltd's stock price is rising, currently at Rs 24.60, reflecting an increase of Rs 1.59 or 6.91%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it reached an intraday high of Rs 25.2, marking a 9.52% increase, although it also experienced a low of Rs 21.6, indicating high volatility with an intraday volatility of 7.69%. In terms of performance, the stock has outperformed its sector by 7.52%. Over the past week, it has gained 1.23%, while it has a year-to-date return of 8.04%, which is higher than the Sensex's 5.15% return. However, the stock has seen a decline of 3.34% over the past month. Notably, there has been a decrease in investor participation, with delivery volume falling by 39.24% against the five-day average, which may impact future price movements.
Broader Market Context: In the short term, Reliable Ventures India Ltd has outperformed the benchmark Sensex, which has only increased by 0.46% over the past week. This indicates that the stock's recent rise is not just a reflection of broader market trends but also suggests specific positive factors influencing its performance. Despite the stock's recent volatility and declining investor participation, its ability to rebound after a series of declines and outperform the sector highlights a potential recovery phase. The stock's performance over longer periods, such as a 51.11% increase over three years compared to the Sensex's 38.97%, further underscores its resilience in the market.