Why is Shriram AMC falling/rising?

As of 12-Sep, Shriram Asset Management Co Ltd's stock price is currently at Rs 489.00, reflecting an increase of Rs 10.0 or 2.09%. The stock has shown a positive trend today, gaining after three consecutive days of decline, and it outperformed its sector by 0.89%. The stock reached an intraday high of Rs 494, indicating a strong performance within the day, despite touching a low of Rs 466.8. Over the past week, the stock has increased by 2.30%, although it has experienced a decline of 5.39% over the past month and a year-to-date drop of 14.96%. Notably, there has been a rise in investor participation, with delivery volume increasing by 40.73% compared to the five-day average, suggesting renewed interest in the stock. In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has risen by 1.48% over the past week. However, the stock's longer-term performance has been less favorable, with a year-to-date decline significantly worse than the Sensex's gain of 4.82%. While the stock is currently trading above its 5-day moving average, it remains below its longer-term moving averages, indicating mixed signals regarding its trend. Overall, the combination of short-term gains and increased trading activity may reflect a potential recovery phase, despite the stock's challenging performance in the preceding months.