Why is Pearl Green Club falling/rising?

As of 21-Aug, Pearl Green Clubs and Resorts Ltd is experiencing a slight increase in its stock price, currently at 161.30, with a change of 0.3, representing a 0.19% rise. The stock has shown strong performance recently, gaining 3.93% over the past week and 15.21% over the last month, significantly outperforming the Sensex, which has seen a 1.74% increase in the same week and a slight decline of 0.24% over the month. Additionally, the stock has been on a consecutive gain streak for the last three days, and it is trading above its moving averages across various time frames. There has also been a notable increase in investor participation, with delivery volume rising by 68.97% compared to the five-day average, indicating growing interest in the stock.
In the broader market context, while Pearl Green Clubs and Resorts Ltd has had a positive short-term return, it has underperformed on a year-to-date basis, with a decline of 5.95% compared to the Sensex's gain of 4.94%. Over the past year, the stock has decreased by 15.92%, while the Sensex has increased by 1.35%. This contrast highlights the stock's volatility and challenges in the longer term, despite its recent gains. Overall, the stock's current upward movement can be attributed to strong short-term performance and increased trading activity, even as it faces significant historical underperformance relative to the broader market.