Why is Panch.Organics falling/rising?

As of 05-Aug, Panchsheel Organics Ltd is currently priced at 178.00, reflecting an increase of 0.5, or 0.28%. The stock has shown positive momentum, having gained 2.01% over the last two days and outperforming its sector by 1.23% today. Additionally, the stock has performed well over the past week and month, with returns of +10.94% and +18.83%, respectively. However, it is important to note that there has been a significant decline in investor participation, as the delivery volume on 04 Aug fell by 56.82% compared to the 5-day average. The stock is currently trading above its moving averages across various time frames, indicating a bullish trend despite the drop in delivery volume.
In the broader market context, Panchsheel Organics has outperformed the Sensex in the short term, with a 1-week return of +10.94% compared to the benchmark's -0.77%. While the stock has shown strong short-term performance, it has struggled year-to-date with a decline of 14.61%, contrasting with the Sensex's gain of 3.29%. This divergence highlights the stock's volatility and potential for recovery in the short term, even as it faces challenges in the longer-term performance metrics.