Why is Polymechplast Ma falling/rising?

As of 27-Oct, Polymechplast Machines Ltd is experiencing a price increase, with its current price at Rs 58.60, reflecting a change of 2.22 or 3.94% upward. The stock has shown strong performance recently, gaining 17.08% over the last seven days and outperforming its sector by 3.94% today. It reached an intraday high of Rs 58.75, although it also saw a low of Rs 54. The stock's performance over the past week is notable, with a return of +12.35%, while its one-month return stands at +4.64%. However, it has faced challenges in the longer term, with a year-to-date decline of -19.09% and a three-year drop of -39.56%. The delivery volume has significantly decreased, indicating falling investor participation, which could be a concern for future price stability.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 0.49% over the past week, Polymechplast's performance has been significantly stronger. The stock's recent gains suggest a positive sentiment among investors, particularly in the short term, despite its overall underperformance in the year-to-date and one-year periods compared to the benchmark. The liquidity of the stock remains adequate for trading, but the substantial drop in delivery volume may indicate a potential caution among investors moving forward.