Why is PDP Shipping falling/rising?

As of 28-Oct, PDP Shipping & Projects Ltd is experiencing a significant rise in its stock price, currently at Rs 71.00, reflecting an increase of Rs 11.45 or 19.23%. The stock has outperformed its sector today by 19.6% and has shown a consecutive gain over the last two days, with a total return of 22.33% during this period. Despite a decline of 8.96% over the past month, the stock has demonstrated strong short-term performance, particularly with a weekly return of 25.22%. The stock opened with a gain of 7.64% today and reached an intraday high of Rs 71, indicating robust trading activity. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 66.67% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, while PDP Shipping has shown impressive short-term gains, the benchmark Sensex has only increased by 0.24% over the past week, highlighting the stock's strong relative performance. However, the stock's longer-term performance remains less favorable, as it has declined by 8.96% over the past month compared to the Sensex's gain of 5.22%. The stock's volatility today, with an intraday fluctuation of 7.17%, indicates a dynamic trading environment, which may have contributed to the recent price movements. Overall, the combination of strong short-term gains, increased trading volume, and relative outperformance against the benchmark has driven the stock's price upward.