Why is Petro Carbon falling/rising?

As of 12-Aug, Petro Carbon & Chemicals Ltd is experiencing a price increase, currently at 179.60, which reflects a rise of 4.15 or 2.37%. The stock has outperformed its sector today by 2.27%, indicating positive investor sentiment. Additionally, the stock's delivery volume has surged by 160.56% compared to the 5-day average, suggesting increased investor participation. Despite a year-to-date decline of 14.80% and a significant drop of 36.05% over the past year, the stock's recent performance indicates a potential recovery phase, although there are no specific positive or negative factors provided to further clarify this movement.
In the broader market context, the stock's short-term return of +2.66% over the past week stands in stark contrast to the Sensex, which has declined by 0.67% during the same period. This outperformance highlights a divergence from the overall market trend, suggesting that investor interest in Petro Carbon may be driven by company-specific developments rather than broader economic factors. The stock's performance over the last month has been relatively flat at +0.06%, while the Sensex has decreased by 2.63%, further emphasizing the stock's resilience in a challenging market environment.