Why is Pelatro falling/rising?

As of 07-Nov, Pelatro Ltd's stock price is rising, currently at 374.00, reflecting an increase of 11.95 or 3.3%. The stock has shown a strong performance today, outperforming its sector by 3.92%. Additionally, the delivery volume on 06 Nov surged by 434.88% compared to the 5-day average, indicating rising investor participation. While the stock has underperformed over the past month with a decline of 2.86%, it has seen a positive short-term trend with a weekly increase of 7.47%. The moving averages indicate that the stock is currently above its 5-day and 20-day moving averages, although it remains below the longer-term averages of 50, 100, and 200 days.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 0.89% over the past week, Pelatro's performance is notably stronger, suggesting a positive sentiment towards the stock in the short term. However, over the longer term, Pelatro's year-to-date decline of 25.48% contrasts sharply with the Sensex's gain of 7.81%, highlighting ongoing challenges for the company. Despite the recent uptick in price and investor interest, the stock's overall performance remains under pressure when viewed in a broader context.