Why is Pagaria Energy falling/rising?

As of 23-Sep, Pagaria Energy Ltd's stock price is currently at 13.20, reflecting an increase of 0.58, or 4.6%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a significant drop in delivery volume, which fell by 79.74% against the 5-day average, the stock has outperformed its sector by 6.18% today. Over the past week, Pagaria Energy has risen by 9.18%, contrasting with a slight decline of 0.34% in the Sensex. The stock's performance over the past year has been strong, with a 55.29% increase compared to a 3.33% decline in the benchmark index.
In the broader market context, while Pagaria Energy has experienced a notable rise in the short term, it has underperformed the benchmark over the longer term, with a 1-month return of -11.65% compared to a positive 0.98% for the Sensex. The stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the recent price increase can be attributed to a combination of a trend reversal and short-term outperformance against the sector, despite some concerning indicators such as falling investor participation.