Why is Panasonic Carbon falling/rising?

As of 18-Sep, Panasonic Carbon India Company Ltd. is experiencing a price increase, currently at Rs 507.75, reflecting a rise of 9.65 or 1.94%. The stock has shown a positive trend recently, gaining for the last four consecutive days and achieving a total return of 4.69% during this period. Additionally, the stock outperformed its sector by 1.15% today. However, despite this recent uptick, the year-to-date performance remains negative at -7.72%, and the one-year return is significantly lower at -25.77%. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, but it remains below the 100-day and 200-day moving averages. Notably, there has been a decline in investor participation, with delivery volume dropping by 49.2% compared to the 5-day average.
In the broader market context, Panasonic Carbon's short-term return of +3.16% over the past week has outperformed the Sensex, which increased by 1.80% during the same period. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark over the past month, year-to-date, and year. The liquidity of the stock appears adequate for trading, but the significant drop in delivery volume may indicate waning investor interest, which could impact future price movements. Overall, while the stock is currently rising, the underlying trends suggest caution due to its longer-term underperformance and declining investor engagement.