Why is Walchand People falling/rising?

As of 29-Oct, Walchand Peoplefirst Ltd is experiencing a price increase, currently at Rs 137.90, which reflects a rise of 7.05 or 5.39%. The stock has shown positive momentum, gaining for the last two days with a total return of 5.87% during this period. It opened today with a gain of 3.94% and reached an intraday high of Rs 138.9, indicating strong buying interest. However, despite this upward movement, the stock has underperformed over the year with a decline of 22.11%, while its year-to-date performance shows a drop of 21.63%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 52.48% compared to the five-day average, which may suggest caution among investors.
Broader Market Context: In the context of the broader market, the Sensex has shown a positive return of 0.68% over the past week and 5.76% over the past month, indicating a generally favorable market environment. While Walchand Peoplefirst Ltd has outperformed its sector by 4.68% today, its one-month return of 0.66% is significantly lower than the Sensex's 5.76% return, highlighting a disparity in performance. The stock's long-term performance over three years shows a gain of 18.37%, which is less than the Sensex's 41.76%, suggesting that while there are short-term gains, the stock has struggled to keep pace with the broader market trends in the longer term.