Why is PBM Polytex falling/rising?

As of 10-Oct, PBM Polytex Ltd's stock price is currently at Rs 67.85, reflecting an increase of Rs 3.33 or 5.16%. The stock has been gaining momentum, having risen consecutively for the last two days with a total return of 6.43% during this period. Despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 26.61% and a one-year drop of 21.60%. The stock's performance today has outpaced its sector by 4.13%, although it has experienced a decrease in delivery volume, indicating falling investor participation. The stock's price movement is currently higher than its 5-day moving average but remains below its longer-term moving averages, suggesting mixed signals regarding its trend.
Broader Market Context: In the short term, PBM Polytex's performance of +1.88% over the past week has outperformed the Sensex, which increased by 1.59%. However, the stock's longer-term performance contrasts sharply with the benchmark, as it has significantly lagged behind the Sensex over one month, year-to-date, and over the past three years. The broader market context indicates that while the stock is experiencing a brief rally, its overall performance remains weak compared to the market, highlighting potential challenges ahead despite the recent gains.