Why is Perfect-Octave falling/rising?

As of 08-Oct, Perfect-Octave Media Projects Ltd is experiencing a price increase, with its current price at 4.27, reflecting a change of 0.09 or 2.15% upward. The stock has shown strong performance recently, gaining 6.75% over the past week and outperforming its sector by 3.79% today. It has been on a consecutive gain streak for the last four days, although there is a notable decline in investor participation, with delivery volume dropping by 80.27% compared to the 5-day average. The stock's performance over various periods shows a year-to-date increase of 2.15%, but it has underperformed over the last year with a decline of 8.37%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the broader market context, the Sensex has increased by 0.98% over the past week, indicating that while Perfect-Octave has outperformed the benchmark, its year-to-date performance of 2.15% is lower than the Sensex's 4.65%. This suggests that while the stock is currently on an upward trend, it has not kept pace with the overall market performance in the longer term. The significant rise in stock price amidst falling delivery volumes may indicate a speculative interest rather than strong underlying demand, which could be a concern for future stability.