Why is Piotex Indus. falling/rising?

As of 17-Sep, Piotex Industries Ltd is currently priced at 66.00, reflecting an increase of 1.0 or 1.54%. The stock has outperformed its sector today by 0.53%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its recent price movement. However, there has been a significant decline in investor participation, with delivery volume dropping by 75% compared to the 5-day average, which may raise concerns about the stock's sustainability in this upward movement. Additionally, the stock has shown a mixed performance over various periods, with a 1-week gain of 1.69% but a year-to-date decline of 11.41%.
In the broader market context, Piotex Industries Ltd's recent performance has been slightly better than the benchmark Sensex over the past week, where the Sensex rose by 1.56%. However, over the past month, Piotex has underperformed, with a decline of 0.39% compared to the Sensex's increase of 2.60%. This suggests that while the stock is experiencing a short-term rise, its longer-term performance remains weak relative to the broader market, which may be a concern for investors looking for sustained growth.