Why is SKP Securities falling/rising?

As of 06-Aug, SKP Securities Ltd is experiencing a price increase, with its current price at Rs 126.50, reflecting a rise of 3.35 or 2.72%. The stock has shown a positive performance today, outperforming its sector by 2.98% and achieving consecutive gains over the last two days, totaling a return of 4.68%. However, despite this recent uptick, the stock has a year-to-date decline of 40.60% and a one-year drop of 17.72%, indicating significant challenges over a longer timeframe. Additionally, the stock's delivery volume has decreased by 48.38% compared to the five-day average, suggesting a decline in investor participation, which could impact future price movements.
In the broader market context, SKP Securities' short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 2.98% today, while the Sensex itself has seen a decline of 1.15% over the past week. This indicates that, despite the stock's struggles over the longer term, it is currently gaining traction relative to the market. The stock's performance over the past three years shows a substantial increase of 202.99%, which may provide some investor confidence, but the recent drop in delivery volume could signal caution among investors. Overall, while the stock is rising in the short term, the broader context reveals ongoing volatility and challenges.