Why is Wise Travel falling/rising?

As of 23-Sep, Wise Travel India Ltd's stock price is rising, currently at 172.95, reflecting an increase of 7.95 or 4.82%. The stock has shown a strong performance today, outperforming its sector by 6%. Additionally, the stock's delivery volume has surged by 315.58% compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has gained 0.73% over the past week, while it has increased by 0.90% over the last month. However, it is important to note that the stock has experienced a significant decline of 40.28% over the past year, contrasting with the benchmark's minor decline of 2.97% during the same period.
In the broader market context, Wise Travel's short-term performance has been better than the Sensex, which has decreased by 0.28% over the past week. While the stock's year-to-date return of 4.85% lags behind the Sensex's return of 6.45%, the recent uptick in price and delivery volume suggests a positive shift in investor sentiment. The stock's liquidity is also adequate for trading, contributing to its recent price movement. Overall, the combination of improved trading activity and a favorable short-term return relative to the benchmark appears to be driving the stock's rise.