Why is PPAP Automotive falling/rising?

As of 18-Nov, PPAP Automotive Ltd's stock price is currently at Rs 240.55, reflecting an increase of Rs 1.7 or 0.71%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite today's positive movement, the stock has underperformed in the short term, with a 1-week return of -5.67% and a 1-month return of -8.45%. Additionally, the stock's delivery volume has decreased significantly, falling by 46.97% compared to the 5-day average, indicating a decline in investor participation. The stock is trading above its 50-day, 100-day, and 200-day moving averages but below its 5-day and 20-day moving averages, suggesting mixed signals regarding its momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.96% over the past week, PPAP Automotive's short-term performance has lagged significantly. The broader market has shown resilience, with the Sensex also up 0.86% over the past month, while PPAP Automotive has faced notable declines. Despite a year-to-date return of 8.11% that slightly trails the Sensex's 8.36%, the stock's longer-term performance remains strong with a 1-year return of 24.19% compared to the Sensex's 9.48%. This indicates that while the stock has had a challenging short-term period, it has still managed to perform well over the longer term.