Why is Richfield Fin falling/rising?

As of 06-Nov, Richfield Financial Services Ltd is experiencing a significant rise in its stock price, currently at Rs 40.97, reflecting an increase of Rs 3.53 or 9.43%. The stock has shown strong performance today, outperforming its sector by 10.26% and has been on a consecutive gain for the last two days, accumulating a total return of 10.58% during this period. Additionally, the stock opened with a gain of 2% today and reached an intraday high of Rs 40.97. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 51.08% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Richfield Financial Services Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of +5.54% compared to the Sensex's -1.30%. Over the past month, the stock has increased by 26.06%, while the Sensex has only risen by 1.86%. Despite a year-to-date decline of 10.07% against the Sensex's gain of 6.62%, the long-term performance remains impressive, with a 3-year return of 839.68% compared to the benchmark's 36.69%. This strong performance, coupled with rising investor interest and positive trading patterns, contributes to the stock's upward movement.