Why is Riddhi Corporate falling/rising?

As of 15-Oct, Riddhi Corporate Services Ltd is experiencing a price increase, currently at Rs 70.28, reflecting a rise of Rs 6.62 or 10.4%. Today's performance indicates a strong rebound, as the stock has gained after two consecutive days of decline. It outperformed its sector by 10.05% and reached an intraday high of Rs 73, marking a 14.67% increase. Despite this positive movement, the stock has shown a year-to-date decline of 2.93% and a significant drop of 82.43% over the past three years. Additionally, there has been a decrease in investor participation, with delivery volume falling by 19.53% compared to the five-day average, which may indicate caution among investors.
Broader market context shows that Riddhi Corporate's short-term return of 6.47% over the past week significantly outpaces the Sensex's return of 1.02% in the same period. This suggests that while the stock is currently on an upward trend, it has struggled in the longer term, as evidenced by its negative returns over one year and three years compared to the benchmark. The stock's high volatility today, with an intraday volatility of 6.57%, further illustrates the fluctuations in investor sentiment, which may be influenced by broader market conditions and the company's recent performance.