Why is Paramount Cosmet falling/rising?

As of 20-Oct, Paramount Cosmetics (India) Ltd is experiencing a price increase, currently at Rs 39.95, reflecting a rise of Rs 2.62 or 7.02%. The stock has shown a positive trend today, gaining after two consecutive days of decline and outperforming its sector by 7.46%. Despite a year-to-date decline of 17.29% and a one-year drop of 19.29%, the stock has seen a significant increase of 182.33% over the past five years. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 109.4% against the five-day average, indicating renewed interest in the stock.
In the broader market context, the stock's short-term performance over the past week has been strong, with a return of 7.51%, significantly outperforming the Sensex, which only increased by 2.47% during the same period. This suggests that the recent price movement may be driven by specific factors related to the company rather than broader market trends. However, the stock's longer-term performance remains under pressure compared to the benchmark, as evidenced by its negative returns over one month, year-to-date, and one year. Overall, while the stock is currently rising, its historical performance indicates ongoing challenges that may affect future price movements.