Why is Polycon Intl. falling/rising?

As of 13-Oct, Polycon International Ltd's stock price is rising, currently at Rs 25.28, reflecting an increase of Rs 1.2 or 4.98%. The stock has shown strong performance today, outperforming its sector by 5.43%. It reached an intraday high of Rs 25.28, although it also experienced a low of Rs 22.88 during the day, indicating a wide trading range of Rs 2.4. Over the past week, the stock has gained 12.41%, significantly outperforming the Sensex, which only rose by 0.66%. However, it is important to note that investor participation has fallen sharply, with delivery volume dropping by 95.91% compared to the 5-day average, which may indicate a lack of sustained buying interest.
Broader Market Context: In the context of the broader market, Polycon's recent performance stands out positively against the Sensex, particularly in the short term. While the stock has shown a notable increase over the past week, the benchmark index has only seen modest gains. Despite this, the stock's year-to-date performance remains negative, with a decline of 22.55% over the past year, contrasting with the Sensex's 1.16% increase. This divergence highlights the stock's volatility and potential challenges in maintaining upward momentum amidst broader market trends.