Why is Parsvnath Devl. falling/rising?

As of 14-Aug, Parsvnath Developers Ltd is experiencing a price increase, with its current price at 15.84, reflecting a change of 0.74 or 4.9% upward. The stock has shown a positive trend recently, gaining 9.24% over the last two days and outperforming its sector by 5.72%. Despite a significant decline of 30.71% over the past month and a year-to-date drop of 31.37%, the stock's performance today indicates rising investor interest, as evidenced by a 65.11% increase in delivery volume compared to the 5-day average. However, the stock is currently trading below its longer-term moving averages, which may suggest some volatility in its upward movement.
In the broader market context, while Parsvnath Developers Ltd has outperformed the Sensex by a notable margin today, its recent one-week performance shows a decline of 1.31% compared to a minimal drop of 0.03% for the benchmark index. This indicates that while the stock is currently gaining, it has struggled in the short term relative to the overall market. The significant long-term gains of 90.61% over three years and 381.46% over five years highlight its potential, but the recent downturns in the shorter time frames suggest that investors should remain cautious.