Why is Rikhav Securitie falling/rising?

As of 24-Sep, Rikhav Securities Ltd is experiencing a price increase, currently at Rs 70.00, reflecting a rise of Rs 2.0 or 2.94%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It opened with a significant gap up of 5.75% today and reached an intraday high of Rs 72, which is a 5.88% increase. Additionally, the stock has outperformed its sector by 3.03%. However, it has shown a negative return of 5.39% over the past month, while the benchmark Sensex has gained 0.50% in the same period. The stock's moving averages indicate it is performing better than the shorter-term averages but is still below the 200-day moving average. There is also a notable increase in investor participation, with delivery volume rising by 51.52% against the 5-day average.
In the broader market context, Rikhav Securities' short-term performance has been relatively weak compared to the benchmark, as it has declined by 0.16% over the past week while the Sensex has fallen by 1.18%. This suggests that despite the recent positive movement, the stock is still facing challenges in the broader market environment. The liquidity of the stock appears adequate for trading, which may support its recent price increase. Overall, while the stock is currently rising, it has faced significant downward pressure in the past month and year, indicating a mixed performance relative to the market.