Why is Pasupati Acrylon falling/rising?

As of 10-Nov, Pasupati Acrylon Ltd's stock price is currently at 55.05, reflecting an increase of 3.54, or 6.87%. The stock has recently hit a new 52-week high of Rs. 59.93 today, with a significant gain of 16.35% at the open. It has outperformed its sector by 7.2% and has shown a consecutive gain over the last two days, accumulating a total return of 7.33%. Additionally, the stock has demonstrated strong performance over various time frames, with a 24.15% increase over the past month and a remarkable 523.44% rise over the last five years. However, there has been a notable decline in investor participation, with delivery volume dropping by 73.77% against the five-day average, which may indicate a potential concern regarding sustained buying interest.
Broader market context shows that while Pasupati Acrylon's recent performance has been strong, the benchmark Sensex has seen a slight decline of 0.53% over the past week, suggesting that the stock's upward movement is somewhat independent of broader market trends. Over the past month, the stock has significantly outperformed the Sensex, which only increased by 1.25%. This divergence indicates that Pasupati Acrylon's price rise is driven by company-specific factors rather than overall market conditions. The high volatility observed today, with an intraday volatility of 5.96%, further emphasizes the stock's dynamic trading environment, which could be influenced by both positive momentum and the recent drop in delivery volumes.