Why is Times Guaranty falling/rising?

As of 30-Jun, Times Guaranty Ltd's stock price is currently at 176.95, reflecting an increase of 1.45 (0.83%). Today, the stock opened with a significant gain of 11.08%, reaching an intraday high of Rs 194.95, indicating strong initial demand. However, despite this upward movement, the stock has shown a decline of 2.88% over the past week, while it has performed positively over the longer term with a year-to-date increase of 8.56% and a remarkable 32.55% rise over the past year. The stock has also experienced high volatility today, with an intraday volatility of 11.14%, and a notable drop in delivery volume by 77.2% against the 5-day average suggests a decrease in investor participation, which could impact future price stability.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.09% over the past week and 2.65% over the past month, Times Guaranty Ltd's recent performance has lagged in the short term. While the stock has outperformed its sector today by 0.31%, the overall trend indicates that it is not keeping pace with the broader market gains. The stock's long-term performance, however, remains strong, significantly outperforming the Sensex over the past three and five years, which may provide some reassurance to investors despite the recent fluctuations.