Why is Richfield Fin falling/rising?

As of 16-Oct, Richfield Financial Services Ltd's stock price is currently at Rs 41.32, reflecting an increase of Rs 3.75 or 9.98%. The stock has shown strong performance recently, gaining 18.5% over the last three days and outperforming its sector by 10.1% today. Despite opening with a loss of 5.11%, it reached an intraday high of Rs 41.32. The stock has also demonstrated significant volatility, with an intraday range of Rs 5.67. Additionally, it is trading above its moving averages across various time frames, indicating a positive trend. There is a notable increase in investor participation, with delivery volume rising by 150.9% compared to the five-day average, suggesting strong interest in the stock.
In the broader market context, Richfield Financial Services Ltd has significantly outperformed the Sensex over the past week and month, with returns of 21.82% and 27.14%, respectively, compared to the Sensex's 1.58% and 1.32%. However, it has underperformed year-to-date, with a decline of 9.31% against the Sensex's gain of 6.82%. The recent upward movement in the stock price, despite its earlier losses today, indicates a recovery trend that may be driven by increased investor confidence and participation, contrasting with the broader market's more modest performance.