Why is Vivid Mercantile falling/rising?

As of 17-Nov, Vivid Mercantile Ltd's stock price is currently at 5.52, reflecting an increase of 0.82 or 17.45%. The stock has shown a strong performance today, outperforming its sector by 17.16%. However, despite this positive movement, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 92.71% compared to the 5-day average. In terms of returns, the stock has performed well over the 3-year and 5-year periods, with increases of 83.69% and 93.68%, respectively, but it has struggled in the short term, showing a decline of 4.00% over the past month and 12.23% over the past year. There are no specific positive or negative factors available to further explain the stock's recent movement.
Broader market context indicates that Vivid Mercantile's short-term return of 30.81% over the past week significantly outpaces the Sensex, which has only increased by 1.69% in the same period. This suggests that while the stock is experiencing a notable rise in the short term, it has not kept pace with the broader market over longer periods, as evidenced by its negative returns over the last month and year compared to the Sensex's positive performance. The liquidity of the stock remains adequate for trading, but the decline in delivery volume may raise concerns about sustained investor interest moving forward.