Why is Polycon Intl. falling/rising?

As of 17-Oct, Polycon International Ltd's stock price is currently at Rs 27.50, reflecting an increase of Rs 1.21, or 4.6%. Despite opening the day with a loss of 4.98%, the stock managed to reach an intraday high of Rs 27.50, indicating a recovery during the trading session. Over the past week, the stock has shown a significant return of 14.20%, outperforming the Sensex, which only increased by 1.76%. However, the stock's delivery volume has decreased by 61.73% compared to the 5-day average, suggesting a decline in investor participation. Additionally, Polycon International is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a positive trend.
Broader market context shows that while Polycon International has had a strong performance in the short term, its one-year return is down by 15.64%, contrasting with the Sensex's increase of 3.64%. This suggests that while the stock is currently experiencing a rise, it has faced challenges over a longer period. The stock's recent outperformance relative to the sector today may be a reaction to specific company developments or market sentiment, but the significant drop in delivery volume could indicate caution among investors. Overall, the stock's current rise appears to be driven by short-term recovery, despite underlying concerns reflected in its longer-term performance and reduced trading activity.