Why is Pagaria Energy falling/rising?

As of 20-Jun, Pagaria Energy Ltd's stock price is currently at 7.33, reflecting an increase of 0.34 or 4.86%. The stock has shown strong performance recently, gaining 21.56% over the last three days and outperforming its sector by 2.7%. In the past week, it has risen by 14.00%, and over the past month, it has increased by 4.86%. However, despite these gains, the stock has a negative one-year return of -22.84%. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Notably, there has been a decline in investor participation, with delivery volume falling by 38.24% against the 5-day average, which may indicate a decrease in buying interest.
In the broader market context, Pagaria Energy's recent performance has significantly outpaced the Sensex, which has only increased by 1.59% over the past week and 1.50% over the past month. This indicates that while the stock is experiencing a positive trend, it is doing so in a market that is relatively stable. The overall market sentiment appears to be supportive of the stock's rise, particularly with the sector also gaining by 2.28%. However, the falling delivery volume could suggest caution among investors, which may temper the stock's upward momentum in the near term.