Why is Piccadily Sugar falling/rising?

As of 08-Aug, Piccadily Sugar & Allied Inds Ltd is experiencing a price increase, with the current price at Rs 49.20, reflecting a rise of Rs 1.41 or 2.95%. Today's price summary indicates that the stock has outperformed its sector by 3.17% and has gained after 11 consecutive days of decline, reaching an intraday high of Rs 49.4. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 34.51% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's performance over the past week shows a decline of 2.67%, which is significantly worse than the benchmark Sensex, which fell only 0.92%. Over the past month, Piccadily Sugar has decreased by 7.43%, compared to a 4.60% decline in the Sensex. Year-to-date, the stock has dropped 27.38%, while the Sensex has gained 2.20%. This stark contrast highlights the stock's underperformance relative to the broader market, despite today's positive movement.