Why is Panther Indl. Pr falling/rising?

As of 15-Jul, Panther Industrial Products Ltd is experiencing a price increase, currently at Rs 61.43, reflecting a rise of 2.92 or 4.99%. The stock has shown strong performance recently, with a consecutive gain over the last four days and a remarkable return of 21.5% in that period. Despite this positive momentum, there are signs of erratic trading, as the stock did not trade on one day out of the last twenty. Additionally, while the stock opened with a gain today, it has not moved from the opening price, and there has been a significant decline in investor participation, with delivery volume dropping by 62.06% compared to the five-day average.
In the broader market context, Panther Industrial Products Ltd has outperformed the Sensex, which has seen a decline of 1.36% over the past week, while the stock has surged by 21.5%. Year-to-date, the stock has also significantly outperformed the benchmark, with a return of 61.87% compared to the Sensex's 5.67%. This strong performance in the face of a declining benchmark indicates a robust investor interest in the stock, despite the recent drop in trading volume and liquidity concerns.