Why is Popular Vehicles falling/rising?

As of 03-Nov, Popular Vehicles & Services Ltd is experiencing a price increase, with its current price at Rs 153.00, reflecting a rise of Rs 8.5 or 5.88%. The stock has shown a positive trend today, outperforming its sector by 6.49% and reversing a two-day decline. It reached an intraday high of Rs 157.3, indicating strong intraday performance. However, despite this upward movement, the stock has a year-to-date return of -1.29% and a one-year return of -14.53%, suggesting that it has struggled over a longer time frame. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 57.57% compared to the five-day average, which could indicate a lack of sustained interest.
In the broader market context, the stock's performance over the past week shows a gain of 5.59%, contrasting with the Sensex, which has declined by 0.94%. This indicates that Popular Vehicles is currently outperforming the benchmark in the short term. However, over the past month, the stock has only increased by 2.14%, while the Sensex has risen by 3.41%, suggesting that the stock's recent gains may not be enough to maintain a competitive position against the broader market trends. Overall, while the stock is rising today, its longer-term performance and declining investor participation could pose challenges moving forward.