Why is Paramount Dye falling/rising?

As of 28-Oct, Paramount Dye Tec Ltd is experiencing a price increase, with its current price at 53.20, reflecting a change of 0.7 or 1.33% upwards. The stock has shown a strong performance today, outperforming its sector by 1.03%. Notably, the delivery volume on 27 October surged by 508.7% compared to the 5-day average, indicating rising investor participation. However, while the stock is currently above its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has declined by 5.00% over the past month and has a year-to-date drop of 38.43%, contrasting sharply with the Sensex, which has gained 9.69% during the same period.
In the broader market context, the stock's short-term return of +6.61% over the past week significantly outpaces the Sensex's modest gain of +0.26%. This suggests that while the stock has been underperforming in the longer term, recent movements indicate a potential recovery or increased interest from investors. The lack of specific positive or negative factors in the dashboard does not detract from the stock's current upward movement, which may be driven by the notable increase in trading volume and investor engagement.