Why is Viji Finance falling/rising?

As of 01-October, Viji Finance Ltd's stock price is currently at 3.36, reflecting an increase of 0.16 or 5.0%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 20% during this period. It has outperformed its sector by 4.51% today. Additionally, the stock's performance over the past week shows a significant increase of 16.26%, while its year-to-date return stands at 3.70%. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. There is also a notable rise in investor participation, with delivery volume increasing by 9.35% compared to the 5-day average, indicating growing interest in the stock.
In the broader market context, Viji Finance's recent performance contrasts sharply with the benchmark Sensex, which has declined by 0.90% over the past week. While the stock has shown resilience and positive momentum, the Sensex's slight gain of 0.77% over the past month suggests that the broader market is relatively stable. Over the last year, Viji Finance has outperformed the Sensex significantly, with a return of 17.07% compared to the benchmark's decline of 3.90%. This strong performance relative to the market may contribute to investor confidence and continued buying interest in Viji Finance, supporting its rising stock price.