Why is Roselabs Finance falling/rising?

As of 23-Sep, Roselabs Finance Ltd is experiencing a price increase, currently at Rs 29.51, reflecting a rise of 1.4 (4.98%). Despite opening with a loss of 4.98% today, the stock managed to touch an intraday high of Rs 29.51, indicating some recovery. Over the past week, the stock has outperformed the sector by 4.65%, although it has shown erratic trading patterns, not trading on one day out of the last twenty. The stock's performance over the last year shows a gain of 4.13%, while its year-to-date performance is down by 15.64%. Additionally, the delivery volume has decreased by 23.4% against the five-day average, suggesting a decline in investor participation, which may be impacting the stock's recent movements.
In the broader market context, Roselabs Finance's short-term return of +10.36% over the past week significantly outperforms the Sensex, which has seen a slight decline of -0.34% during the same period. This indicates that while the stock is rising, the overall market sentiment may not be as strong. The stock has also shown a wide trading range of Rs 2.8 today, reflecting volatility. Although it is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, which could suggest mixed investor sentiment. Overall, while the stock is currently rising, the decline in delivery volume and erratic trading patterns may pose challenges for sustained upward momentum.