Why is Riddhi Corporate falling/rising?

As of 11-Sep, Riddhi Corporate Services Ltd is currently priced at 73.19, reflecting an increase of 2.09 or 2.94%. The stock has shown a positive performance today, outperforming its sector by 1.58%. It reached an intraday high of Rs 73.99, indicating a rise of 4.06%, although it also experienced a low of Rs 67.12, which was a decline of 5.6%. Over the past week, the stock has gained 3.08%, but it has seen a decline of 1.53% over the past month and a significant drop of 9.29% over the past year. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a decrease in investor participation, with delivery volume falling by 12.84% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Riddhi Corporate's short-term performance has outpaced the Sensex, which has only increased by 1.03% over the past week. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark over the past month, year, and three years. The stock's year-to-date return of 1.09% is also below the Sensex's 4.36% gain. This disparity highlights the challenges Riddhi Corporate faces in regaining investor confidence, despite today's positive movement. Overall, while the stock has shown some short-term gains, the broader trends suggest a need for caution among investors.