Why is Panafic Industri falling/rising?

As of 08-Aug, Panafic Industrials Ltd's stock price is currently at 0.97, reflecting an increase of 0.01 or 1.04%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 2.11% during this period. Additionally, it has outperformed its sector by 1.75%. In terms of returns, the stock has increased by 8.99% over the past month, contrasting with a decline of 4.60% in the Sensex. However, it has experienced a significant decline of 21.77% year-to-date and 34.46% over the past year. Notably, there is rising investor participation, as evidenced by a 56.42% increase in delivery volume compared to the 5-day average, indicating growing interest in the stock.
In the broader market context, while Panafic Industrials has shown a positive return of 8.99% over the past month, the Sensex has declined by 4.60% during the same period, highlighting the stock's relative strength against the benchmark. Despite this short-term outperformance, the stock's longer-term performance remains concerning, with a year-to-date decline of 21.77% compared to a modest gain of 2.20% in the Sensex. The stock's moving averages indicate that it is currently above the 5-day, 50-day, and 100-day averages, but below the 20-day and 200-day averages, suggesting mixed signals regarding its trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.