Why is Pearl Green Club falling/rising?

As of 08-Jul, Pearl Green Clubs and Resorts Ltd is experiencing a price increase, with its current price at Rs 109.63, reflecting a rise of 5.22 (5.0%). The stock has shown strong performance today, outperforming its sector by 5.33% and has gained consecutively over the last two days, resulting in a total return of 10.24% during this period. Additionally, the stock opened with a 5% gain and reached an intraday high of Rs 109.63. Notably, there has been a significant increase in investor participation, with delivery volume rising by 1215.79% compared to the 5-day average. However, the stock's year-to-date performance remains negative at -36.08%, indicating a challenging longer-term trend.
In the broader market context, the stock's recent short-term performance of +13.02% over the past week contrasts sharply with the Sensex, which has only increased by 0.02% during the same period. This suggests that Pearl Green Clubs and Resorts Ltd is gaining traction relative to the overall market, despite its longer-term struggles, as evidenced by its negative returns over the past month and year. The liquidity of the stock appears adequate for trading, which may also contribute to its recent price movement. Overall, while the stock is currently rising, its historical performance indicates volatility and challenges that investors should consider.