Why is Padmalaya Tele. falling/rising?

As of 24-Sep, Padmalaya Telefilms Ltd is currently priced at 4.90, reflecting a slight increase of 0.02 or 0.41%. The stock has been gaining momentum, having outperformed its sector by 1.6% today and achieving a consecutive gain over the last two days with a total return of 1.24%. In terms of performance relative to benchmarks, the stock has shown a positive trend over the past week and month, with returns of +1.66% and +8.65%, respectively. However, it has experienced a significant decline year-to-date at -37.82%. The stock's delivery volume has decreased by 3.79% compared to the 5-day average, indicating a drop in investor participation, which could be a concern for future price movements.
Broader market context shows that while Padmalaya Telefilms has outperformed the Sensex in the short term, the broader market has faced a slight downturn, with the Sensex declining by 1.18% over the past week. Despite the stock's recent gains, its year-to-date performance remains significantly lower than the benchmark, which has increased by 4.58% during the same period. The stock's moving averages indicate a mixed picture, being higher than the shorter-term averages but lower than the long-term 200-day average, suggesting potential volatility ahead. Overall, while the stock is currently rising, the declining investor participation and its substantial year-to-date losses may pose challenges moving forward.