Why is Panther Indl. Pr falling/rising?

As of 16-Oct, Panther Industrial Products Ltd is experiencing a price increase, currently at Rs 63.72, reflecting a rise of Rs 3.03 or 4.99%. The stock has outperformed its sector by 1.16% today, and it has shown a positive trend with a 4.99% increase over the past week and a 4.41% increase over the past month. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been erratic trading, as the stock did not trade on 4 out of the last 20 days, and delivery volume has decreased significantly by 47.2% against the 5-day average, suggesting a decline in investor participation.
In the broader market context, Panther Industrial Products Ltd has significantly outperformed the Sensex, which has only increased by 1.58% over the past week and 1.32% over the past month. Year-to-date, the stock has risen by an impressive 67.91%, compared to the Sensex's 6.82% increase, highlighting its strong performance relative to the market. The packaging sector, in which the company operates, has also gained by 3.75%, contributing positively to the stock's performance. Despite the drop in delivery volume indicating potential liquidity concerns, the overall market sentiment appears favorable, supporting the stock's upward trajectory.