Why is Pankaj Polymers falling/rising?

As of 10-Nov, Pankaj Polymers Ltd's stock price is currently at 19.68, reflecting an increase of 0.93 or 4.96%. The stock has been gaining momentum, having risen 9.94% over the last two days, and it has outperformed its sector by 3.89% today. However, despite this recent positive movement, the stock has experienced a significant decline of 15.65% over the past month. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 88.63% against the 5-day average, indicating potential concerns about liquidity and sustained interest in the stock.
Broader Market Context: In the short term, Pankaj Polymers has outperformed the Sensex, which has declined by 0.53% over the past week while the stock itself has gained 5.24%. Year-to-date, Pankaj Polymers has shown remarkable growth of 80.55%, significantly outpacing the Sensex's 6.91% increase. This strong performance over a longer timeframe, including a 170.33% rise over three years, suggests that while the stock may be facing short-term volatility, its overall trajectory remains positive compared to the broader market.