Why is Richfield Fin falling/rising?

As of 09-Oct, Richfield Financial Services Ltd is experiencing a price increase, currently at Rs 33.93, which reflects a rise of Rs 3.08 or 9.98%. Today's price summary indicates that the stock has outperformed its sector by 9.38%, reaching an intraday high of Rs 33.93, although it also touched a low of Rs 29.5 earlier in the day, showcasing high volatility with an intraday fluctuation of 6.97%. The stock has shown a positive trend over the past week with a return of +9.28%, despite a year-to-date decline of -25.53%. Notably, there has been a significant increase in investor participation, with delivery volume rising by 78.06% compared to the 5-day average, suggesting growing interest in the stock.
In the broader market context, while Richfield Financial Services Ltd has outperformed the Sensex by a substantial margin in the short term, the benchmark index has shown a modest gain of +1.47% over the past week. This contrast highlights the stock's strong performance relative to the market, particularly in the short term, despite its longer-term struggles reflected in the year-to-date performance. The stock's current trading liquidity is adequate, allowing for reasonable trade sizes, which may further support its price movement. Overall, the combination of increased investor participation and short-term outperformance against the benchmark contributes positively to the stock's rising price.