Why is Pearl Green Club falling/rising?

As of 06-Oct, Pearl Green Clubs and Resorts Ltd is experiencing a price increase, currently at Rs 167.20, reflecting a rise of Rs 7.75 or 4.86%. The stock has shown strong performance today, outperforming its sector by 4.69% and achieving a consecutive gain over the last two days, with total returns of 8.64% during this period. Additionally, the stock opened with a gain of 2.85% today and reached an intraday high of Rs 167.4. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 408.33% compared to the 5-day average. The positive factors contributing to this upward movement are evident, although specific negative factors were not provided.
In the broader market context, Pearl Green's short-term return of 10.91% over the past week significantly outperforms the Sensex, which has only increased by 1.77% during the same period. Over the past month, the stock has also outperformed the benchmark, with a return of 5.76% compared to the Sensex's 1.34%. However, it is worth noting that year-to-date, the stock is down 2.51%, while the Sensex has gained 4.67%, indicating some volatility in the stock's performance relative to the broader market trends. Overall, the recent positive momentum in Pearl Green's stock price can be attributed to strong short-term gains and increased investor interest, despite its longer-term underperformance compared to the benchmark.