Why is Pagaria Energy falling/rising?

As of 24-Jun, Pagaria Energy Ltd is experiencing a price increase, currently at 8.07, which reflects a rise of 0.38 or 4.94%. The stock has shown strong performance recently, gaining 33.83% over the past week and outperforming its sector by 5.25% today. Additionally, it has been on a consecutive gain streak for the last five days, and it is trading above all key moving averages, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 70.23% against the five-day average, which could be a concern for future stability.
In the broader market context, Pagaria Energy's short-term performance significantly outpaces the benchmark, with a 33.83% increase over the past week compared to the Sensex's modest gain of 0.58%. This stark contrast highlights the stock's strong relative strength in the current market environment. Despite its recent gains, the stock has underperformed over the longer term, with a 1-year return of -13.32% compared to the Sensex's 6.10% increase, indicating that while the stock is currently rising, it has faced challenges in the past year.