Why is Pagaria Energy falling/rising?

As of 18-Sep, Pagaria Energy Ltd's stock price is currently at 13.32, reflecting an increase of 0.63, or 4.96%. The stock has shown a positive trend recently, gaining for the last two days and achieving a total return of 10.17% during this period. Additionally, the stock has outperformed its sector by 5.72%. However, it is important to note that over the past week and month, the stock has experienced declines of 2.42% and 3.62%, respectively. Despite these short-term setbacks, the stock has performed exceptionally well over the past year, with a remarkable increase of 67.97%. The rising investor participation, indicated by a significant increase in delivery volume, further supports the stock's upward movement.
In the broader market context, while Pagaria Energy's stock has shown a decline in the short term, the benchmark Sensex has risen by 1.80% over the past week and 2.14% over the past month. This indicates that the stock's recent performance is lagging behind the overall market trend. However, its strong long-term performance, particularly a staggering 277.34% increase over three years, suggests that investor confidence remains high despite recent fluctuations. The liquidity of the stock, being adequate for trading, also contributes positively to its market presence. Overall, while the stock is currently rising, it is essential to consider its recent underperformance relative to the benchmark in the short term.