Why is Pasupati Spinng. falling/rising?

As of 13-Nov, Pasupati Spinning & Weaving Mills Ltd is experiencing a price increase, with its current price at Rs 35.91, reflecting a change of Rs 2.74 or 8.26% upward. The stock has shown strong performance today, outperforming its sector by 8.47%. It opened with a significant gain of 19.99% and reached an intraday high of Rs 39.8. Additionally, the stock has demonstrated a remarkable return of 11.18% over the past month, although it has slightly underperformed the benchmark Sensex, which gained 2.61% in the same period. The stock's volatility has been high today, with an intraday volatility of 8.15%, and there has been a notable increase in investor participation, with delivery volume rising by 249.12% compared to the 5-day average.
Broader Market Context: In the context of the broader market, while Pasupati Spinning has shown a positive return over the last month, it has lagged behind the Sensex in the short term, which has gained 1.40% over the past week. The stock's strong performance over longer periods, such as a 51.20% increase over three years and a staggering 322.47% over five years, indicates a solid growth trajectory. However, the erratic trading pattern, with the stock not trading on one day out of the last twenty, may suggest some underlying volatility that could affect investor sentiment. Overall, the combination of high volatility, strong recent gains, and increased trading activity points to a positive outlook for the stock, despite its recent fluctuations.