Why is PDP Shipping falling/rising?

As of 27-Oct, PDP Shipping & Projects Ltd is experiencing a price increase, currently at Rs 59.55, reflecting a rise of Rs 1.51 or 2.6%. The stock has shown erratic trading patterns, having not traded on 3 out of the last 20 days. Today, it opened with a significant gain of 18.88% and reached an intraday high of Rs 69. However, despite this positive movement, the stock's performance over the past month has been poor, with a decline of 23.64%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 50% against the 5-day average, indicating potential concerns among investors.
Broader market context shows that while PDP Shipping has outperformed its sector by 1.66% today, its one-week return of +6.15% contrasts sharply with its one-month decline of 23.64%. The benchmark Sensex has only increased by 0.49% over the same week, suggesting that the stock's recent volatility and price movements are somewhat isolated from broader market trends. The stock's current trading activity, characterized by high volatility and a wide trading range, may reflect speculative interest rather than sustained investor confidence.