Why is Polymechplast Ma falling/rising?

As of 23-Oct, Polymechplast Machines Ltd is experiencing a price increase, currently at Rs 55.07, which reflects a rise of Rs 2.2 or 4.16%. The stock has shown a strong performance today, outperforming its sector by 4.73% and achieving a consecutive gain over the last five days with a total return of 10.03% during this period. Despite this positive movement, the stock has faced challenges in the longer term, with a year-to-date decline of 23.97% and a one-year drop of 21.44%. Additionally, there has been a notable decrease in investor participation, as evidenced by a 44.89% drop in delivery volume compared to the five-day average, which may indicate waning interest despite the recent gains.
Broader market context shows that while Polymechplast has outperformed the Sensex in the past week with a return of 9.81% compared to the benchmark's 1.30%, it has lagged behind in the one-month and year-to-date comparisons. The stock's volatility today was high, with an intraday fluctuation of 6.46%, suggesting that while there is some positive momentum, the stock remains susceptible to significant price swings. Overall, the recent gains may be seen as a short-term rebound, but the longer-term performance and declining investor interest could pose challenges moving forward.