Why is Perfectpac falling/rising?

As of 23-Sep, Perfectpac Ltd's stock price is currently at Rs 101.80, reflecting an increase of Rs 4.25 or 4.36%. The stock has shown a strong performance today, outperforming its sector by 5.76% and opening with a gain of 3.54%. It reached an intraday high of Rs 102.4, which is a 4.97% increase. In terms of returns, the stock has experienced a 1.85% rise over the past week, contrasting with a decline of 3.96% over the past month. Despite a year-to-date drop of 31.59%, the stock has performed well over the longer term, with a 40.03% increase over three years and a remarkable 320.66% rise over five years. There is a notable increase in investor participation, with delivery volume rising by 125.39% compared to the five-day average, indicating growing interest in the stock.
Broader Market Context: In the short term, Perfectpac's performance has been favorable compared to the benchmark, as it has gained 1.85% over the past week while the Sensex has declined by 0.34%. This suggests that the stock is gaining traction despite broader market challenges. However, over the longer term, the stock's year-to-date performance remains significantly lower than the Sensex's gain of 5.07%, indicating that while recent movements are positive, the stock has faced substantial challenges throughout the year. The liquidity of the stock is adequate for trading, which may also contribute to its recent upward movement.