Why is Panther Indl. Pr falling/rising?

As of 11-Sep, Panther Industrial Products Ltd is experiencing a price increase, currently at Rs 62.27, reflecting a rise of 1.22 or 2.0%. The stock has shown strong performance recently, gaining consecutively for the last eight days and achieving a remarkable 35.37% return during this period. Additionally, the stock opened with a 2% gain today and has consistently traded at this price. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.23% compared to the five-day average, which may indicate a potential concern for future momentum. The stock's year-to-date return stands at an impressive 64.08%, significantly outperforming the benchmark Sensex, which has only risen by 4.36%.
In the broader market context, Panther Industrial Products Ltd has outperformed the Sensex in the short term, with a one-week return of 16.96% compared to the benchmark's 1.03%. This substantial outperformance highlights the stock's strong recent performance relative to the overall market. Despite the recent gains, the stock's one-month return is down by 6.11%, suggesting some volatility or profit-taking in the near term. Overall, while the stock is currently rising, the decrease in delivery volume could signal caution among investors, which may affect its future performance.