Why is SKP Securities falling/rising?

As of 28-Aug, SKP Securities Ltd is currently priced at 124.65, reflecting an increase of 2.7, or 2.21%. The stock has shown positive movement recently, gaining for the last two days with a total return of 3.02%. It opened today with a significant gain of 4.96% and reached an intraday high of Rs 128. Despite its recent gains, the stock has underperformed over the longer term, with a year-to-date decline of 41.47% compared to a 2.48% increase in the Sensex. The stock's performance today has outpaced its sector by 3.28%, and there has been a notable increase in investor participation, with delivery volume rising by 41.35% against the 5-day average.
In the broader market context, SKP Securities' short-term performance contrasts with the benchmark Sensex, which has experienced a decline of 2.34% over the past week, while SKP Securities has fallen by 3.30%. This indicates that while the stock is currently rising, it has faced significant challenges in the longer term, particularly in the year-to-date performance. The stock's liquidity is adequate for trading, and its moving averages suggest a mixed outlook, being higher than some but lower than others, indicating volatility in investor sentiment. Overall, the recent upward movement appears to be driven by short-term trading dynamics rather than a fundamental recovery.