Why is Rikhav Securitie falling/rising?

As of 17-Sep, Rikhav Securities Ltd is experiencing a price increase, currently at Rs 70.11, reflecting a rise of Rs 1.11 or 1.61%. The stock has outperformed its sector today by 1.67%, reaching an intraday high of Rs 72.5, which is a 5.07% increase. However, despite this positive movement, the stock has seen a decline of 5.70% over the past month. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 62.5% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock. The moving averages show that while the stock is above the 5-day, 50-day, and 100-day averages, it remains below the 20-day and 200-day averages, suggesting mixed signals regarding its trend.
In the broader market context, Rikhav Securities has outperformed the benchmark Sensex in the short term, with a 1-week return of 5.81% compared to the Sensex's 1.56%. However, over the past month, the stock's performance has lagged behind the benchmark, which has gained 2.60%. This divergence indicates that while the stock has shown strength recently, its longer-term performance relative to the benchmark has been weaker, which may contribute to investor caution. Overall, the combination of short-term gains and declining participation could suggest a volatile outlook for Rikhav Securities moving forward.