Why is Paramount Dye falling/rising?

As of 18-Jul, Paramount Dye Tec Ltd's stock price is currently at 69.90, reflecting an increase of 3.3, or 4.95%. The stock has shown strong performance recently, with a 12.47% increase over the past week and a 10.08% increase over the past month, significantly outperforming the Sensex, which has declined by 0.72% and increased by only 0.63% respectively in the same periods. Today's trading activity indicates a notable rise in investor participation, with delivery volume increasing by 100.93% compared to the 5-day average, suggesting heightened interest in the stock. Additionally, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the broader market context, while the stock has performed well in the short term, it has still seen a year-to-date decline of 19.10%, contrasting with the Sensex's gain of 5.60% during the same period. This indicates that while the stock is experiencing a positive short-term trend, it has struggled over a longer timeframe. The liquidity of the stock is adequate for trading, as it accounts for 2% of the 5-day average traded value, which supports its recent upward movement. However, there are no specific positive or negative factors provided that could further clarify the reasons behind the stock's recent performance.