Why is PDP Shipping falling/rising?

As of 16-Jun, PDP Shipping & Projects Ltd is experiencing a price increase, with its current price at Rs 87.25, reflecting a rise of 4.15 (4.99%). The stock has shown strong performance recently, with a 1-week return of +9.71% and a 1-month return of +16.18%, significantly outperforming the Sensex, which has seen declines of -0.79% and -0.65% over the same periods. Today's trading saw the stock reach an intraday high of Rs 87.25, and it is currently trading above all its moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by -13.04% compared to the 5-day average, which may suggest some caution among investors.
In the broader market context, PDP Shipping's recent performance stands in stark contrast to the benchmark Sensex, which has faced negative returns over the past week and month. This divergence highlights the stock's relative strength in a challenging market environment. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. While there are no specific positive or negative factors detailed in the provided data, the overall upward movement in price and strong short-term returns suggest that investor sentiment towards PDP Shipping is currently favorable.