Why is Paragon Fine falling/rising?

As of 15-Sep, Paragon Fine and Speciality Chemical Ltd's stock price is currently at 59.65, reflecting an increase of 6.15, or 11.5%. The stock has shown strong performance today, outperforming its sector by 10.92%. Additionally, the stock's delivery volume has significantly increased, rising by 283.33% against the 5-day average, indicating rising investor participation. In terms of returns, the stock has gained 4.56% over the past week and 12.55% over the past month, while it has struggled year-to-date with a decline of 36.91% and a substantial drop of 64.07% over the past year. There are no positive or negative factors explicitly mentioned that could further clarify the stock's recent movement.
In the broader market context, Paragon Fine's short-term performance has outpaced the benchmark Sensex, which has only increased by 1.20% over the past week and 1.78% over the past month. This suggests that while the stock has been volatile in the long term, its recent gains indicate a potential recovery phase compared to the overall market. However, the stock's year-to-date and one-year performance remains significantly lower than the benchmark, which has gained 6.02% and lost only 1.13%, respectively. This contrast highlights the challenges the company has faced over a longer period, despite its recent positive momentum.