Why is Prem. Explosives falling/rising?

As of 15-Jul, Premier Explosives Ltd's stock price is currently at Rs 534.50, reflecting an increase of Rs 1.65 or 0.31%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it reached an intraday high of Rs 546.95, which is a 2.65% increase. Despite this positive movement today, the stock has underperformed its sector by 0.78%. Over the past week, the stock has decreased by 4.37%, and over the past month, it has fallen by 12.36%. However, it has demonstrated strong long-term growth, with an annual operating profit increase of 44.29%. The majority of shareholders are non-institutional, which may influence the stock's stability and growth potential.
In the broader market context, the Sensex has decreased by 1.36% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While the stock has a year-to-date return of 1.90%, it has significantly lagged behind the Sensex's return of 5.67% over the same period. The stock's liquidity is adequate, with a delivery volume increase of 22.43% compared to the five-day average, suggesting rising investor participation. Despite the recent price increase, the stock's longer-term performance remains concerning, with a 25.71% decline over the past year, contrasting sharply with the Sensex's 2.36% gain.