Why is Pelatro falling/rising?

As of 18-Sep, Pelatro Ltd's stock price is currently at 423.30, reflecting an increase of 4.05, or 0.97%. The stock has shown positive performance today, outperforming its sector by 0.27%. Additionally, Pelatro is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, there has been a significant decline in investor participation, with delivery volume dropping by 80.2% compared to the 5-day average. Over the past week, the stock has gained 3.75%, while it has increased by 4.91% over the past month, contrasting with a year-to-date decline of 15.66%.
In the broader market context, Pelatro's recent performance has outpaced the Sensex, which has risen by 1.67% over the past week and 2.20% over the past month. Despite the stock's recent gains, it still lags behind the benchmark on a year-to-date basis, where the Sensex has appreciated by 7.52%. The liquidity of Pelatro remains adequate for trading, as it represents 2% of the 5-day average traded value. Overall, while the stock is experiencing a short-term rise, the significant drop in delivery volume and its negative year-to-date performance suggest caution among investors.