Why is PBM Polytex falling/rising?

As of 07-Aug, PBM Polytex Ltd is experiencing a price increase, with its current price at Rs 74.94, reflecting a rise of Rs 3.65 or 5.12%. The stock opened with a significant gain of 7.83% today and reached an intraday high of Rs 76.87. Despite this positive movement, the stock has shown a decline of 18.94% year-to-date and a substantial drop of 26.53% over the past year. Additionally, while the stock outperformed its sector by 6.47% today, there has been a notable decrease in investor participation, with delivery volume falling by 54.07% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, PBM Polytex's short-term performance over the past week shows a gain of 1.86%, contrasting with the Sensex, which has declined by 0.69%. This indicates that the stock is performing better than the overall market in the short term. However, the longer-term performance remains concerning, as the stock has underperformed the benchmark over the past month and year, with returns of +6.15% and -26.53%, respectively, compared to the Sensex's -3.38% and +1.45%. This divergence highlights the stock's recent volatility and the challenges it faces in regaining investor confidence.