Why is Panther Indl. Pr falling/rising?

As of 03-Sep, Panther Industrial Products Ltd is experiencing a price increase, currently at Rs 50.71, which reflects a rise of 2.41 or 4.99%. The stock has shown strong performance today, outperforming its sector by 4.05% and has gained consecutively for the last two days, resulting in a total return of 10.24% during this period. Notably, the stock opened with a gap up of 4.99% and reached an intraday high of Rs 50.71. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 49540.11% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, Panther Industrial Products Ltd's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.27% over the past week. While the stock has a year-to-date return of 33.62%, significantly outperforming the Sensex's 3.11%, it has underperformed in the short term with a weekly decline of 5.46%. This suggests that despite the recent gains, the stock's volatility and performance relative to the benchmark may be influenced by broader market conditions, although specific positive or negative factors impacting the stock were not provided.