Why is Prakash Woollen falling/rising?

As of 08-Aug, Prakash Woollen & Synthetic Mills Ltd is experiencing a price increase, currently at Rs 29.19, reflecting a rise of Rs 1.79 or 6.53%. The stock has shown positive momentum, gaining 7.43% over the last two days and outperforming its sector by 7.97% today. It reached an intraday high of Rs 30.9, although it also faced volatility, trading within a wide range of Rs 4.4. Despite this positive movement, the stock's delivery volume has significantly decreased by 63.16% compared to the five-day average, indicating a potential decline in investor participation. Additionally, while the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, suggesting mixed signals regarding its long-term trend.
Broader market context shows that Prakash Woollen has outperformed the Sensex in the short term, with a 1-week return of +8.07% compared to the Sensex's -0.92%. However, over the longer term, the stock has underperformed, with a year-to-date decline of -22.78% against the Sensex's +2.20%. This contrast highlights the stock's recent recovery amid broader market challenges, as it has struggled significantly over the past year and three years, indicating that while there may be short-term gains, the overall performance remains concerning relative to the benchmark.