Why is Suyog Gurbaxani falling/rising?

As of 16-Oct, Suyog Gurbaxani Funicular Ropeways Ltd is experiencing a price increase, currently at Rs 119.85, reflecting a rise of Rs 7.45 or 6.63%. Today's price summary indicates that the stock has outperformed its sector by 6.11% and has shown a trend reversal after two consecutive days of decline. It opened with a gain of 2.31% and reached an intraday high of Rs 119.85. Despite a year-to-date decline of 53.73%, the stock has demonstrated significant growth over the past three years, with a return of 155.00%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 71.88% compared to the five-day average, indicating growing interest in the stock.
In the broader market context, Suyog Gurbaxani's short-term performance over the past week shows a return of +5.87%, significantly outperforming the Sensex, which has only increased by 1.58% during the same period. While the stock has faced challenges over the longer term, including a decline of 8.55% over the past month, the recent uptick in price and trading volume suggests a potential recovery phase. The stock's liquidity remains adequate for trading, further supporting its recent positive movement.