Why is Pankaj Polymers falling/rising?

As of 07-Aug, Pankaj Polymers Ltd is experiencing a rise in its stock price, currently at Rs 18.00, reflecting an increase of Rs 1.18 or 7.02%. The stock opened with a gain of 7.02% today and has maintained this price level throughout the trading session. It has outperformed its sector by 7.25%. Over the past week, the stock has shown a positive return of 6.51%, while its year-to-date performance stands at an impressive 65.14%. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 87.71% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Pankaj Polymers has outperformed the Sensex, which has declined by 0.69% over the same week. This contrast highlights the stock's strong performance relative to the benchmark. Despite a negative trend in the one-month return of -10.22% compared to the Sensex's -3.38%, the stock's long-term performance remains robust, with a 3-year return of 227.27% and a 5-year return of 490.16%. The stock is currently trading above all key moving averages, suggesting a positive technical outlook, but the declining delivery volume may raise questions about the sustainability of this upward momentum.