Why is Panasonic Energy falling/rising?

As of 05-Aug, Panasonic Energy India Company Ltd is experiencing a price increase, currently at 374.90, which reflects a change of 4.9 or 1.32% upward. The stock has been gaining for the last four days, with a total return of 2.68% during this period, and it has outperformed its sector by 1.25%. However, despite this recent positive movement, the stock has shown a decline of 4.53% over the past month and a significant drop of 18.20% year-to-date. Additionally, the delivery volume has decreased by 69.1% compared to the 5-day average, indicating falling investor participation, which may be a concern for future price stability.
In the broader market context, the Sensex has declined by 0.77% over the past week, while Panasonic Energy has gained 1.50%, showcasing its relative strength against the benchmark. However, the stock's year-to-date performance is notably worse than the Sensex, which has risen by 3.29%. This contrast suggests that while the stock is currently rising, it is still underperforming in the longer term compared to the overall market. The liquidity of the stock remains adequate for trading, but the declining delivery volume could signal caution among investors.