Why is Pratiksha Chem. falling/rising?

As of 06-Nov, Pratiksha Chemicals Ltd is experiencing a price increase, currently at Rs 20.63, reflecting a change of 1.87 or 9.97% upward. The stock has shown a positive trend today, outperforming its sector by 13.01% and reversing a two-day decline. It opened with a significant gain of 9.28% and reached an intraday high of Rs 20.63. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume dropping by 77.33% compared to the 5-day average, which could indicate a lack of sustained interest despite the current price rise. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Pratiksha Chemicals has outperformed the Sensex in the short term, with a 1-week return of +8.41% compared to the benchmark's -1.30%. This indicates that while the stock is rising, the overall market is facing a downturn. Over the past month, the stock has also shown a positive return of +8.35%, contrasting with the Sensex's modest gain of +1.86%. Despite these short-term gains, the stock has underperformed over longer periods, with a year-to-date decline of -14.04% against the Sensex's +6.62%. This suggests that while the stock is currently experiencing a rise, it has faced significant challenges in the longer term.