Why is The Byke Hospi. falling/rising?

As of 07-Nov, The Byke Hospitality Ltd's stock price is currently at Rs 63.47, reflecting an increase of Rs 2.13 or 3.47%. The stock has shown a strong performance today, outperforming its sector by 4.12% and reaching an intraday high of Rs 65.9, which is a 7.43% increase. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 42.66% compared to the 5-day average. Over the past week, the stock has gained 5.75%, contrasting with the Sensex, which has decreased by 0.86%. Year-to-date, the stock is down 34.57%, while it has performed better over a 3-year period with a return of 38.58%.
In the broader market context, The Byke Hospitality Ltd's short-term performance has been significantly better than the benchmark, as indicated by its 1-week return compared to the Sensex. The Sensex has shown a modest gain of 1.57% over the past month, while the stock has only increased by 1.08% in the same period. This suggests that while the stock is currently experiencing a rise, its long-term performance remains concerning, with a year-over-year decline of 17.97% against the Sensex's gain of 4.62%. The liquidity of the stock appears adequate for trading, but the overall decline in investor participation may indicate caution among investors despite today's positive price movement.