Why is Richfield Fin falling/rising?

As of 11-Nov, Richfield Financial Services Ltd is experiencing a price increase, currently at Rs 39.00, which reflects a rise of Rs 2.55 or 7.0%. The stock has shown a positive trend today, having outperformed its sector by 8.98% and opened with a significant gain of 9.19%. After two consecutive days of decline, this upward movement indicates a potential trend reversal. Over the past week, the stock has gained 4.17%, and over the past month, it has increased by 6.70%. However, it is important to note that the stock's year-to-date performance remains negative at -14.40%. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it is still below its 200-day moving average. There is a concerning trend of falling investor participation, as evidenced by a significant drop in delivery volume, which decreased by 86.41% compared to the 5-day average.
In the broader market context, Richfield Financial Services Ltd has outperformed the Sensex benchmark in the short term, with a 1-week return of 4.17% compared to the Sensex's 0.49%. This indicates that the stock is gaining traction relative to the overall market. However, the stock's year-to-date performance is notably lagging behind the Sensex, which has increased by 7.34% during the same period. The liquidity of the stock appears sufficient for trading, as it is based on 2% of the 5-day average traded value. Overall, the recent price increase can be attributed to a combination of short-term gains and a potential reversal in trend, despite the challenges posed by declining investor participation and longer-term underperformance.