Why is Pearl Green Club falling/rising?

As of 27-Jun, Pearl Green Clubs and Resorts Ltd is experiencing a price increase, currently at 95.00, reflecting a change of 2.15 or 2.32% upward. The stock has shown positive momentum, gaining for the last two days with a total return of 7.41% during this period. It opened with a significant gain of 4.68% today and reached an intraday high of Rs 97.2. However, despite this recent uptick, the stock's performance over the last month has been poor, with a decline of 20.80%, and it has underperformed significantly year-to-date with a drop of 44.61%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 73.68% compared to the 5-day average, which could indicate waning interest despite the recent gains.
Broader Market Context: In the short term, Pearl Green Clubs has outperformed the benchmark Sensex, which has increased by 2.00% over the past week compared to the stock's gain of 2.04%. However, the stock's longer-term performance remains concerning, as it has underperformed the benchmark significantly over the past month and year. The broader market context shows that while the stock is currently gaining, the overall trend over longer periods is negative, suggesting that investors may remain cautious despite the recent price increase.