Why is Prem. Explosives falling/rising?

As of 16-Jul, Premier Explosives Ltd is experiencing a price increase, with its current price at Rs 541.15, reflecting a change of Rs 6.65 or 1.24% upward. The stock has outperformed its sector by 1.39% today and has shown consecutive gains over the last two days, rising by 1.56% during this period. Despite a recent decline of 11.20% over the past month and a significant drop of 23.38% over the past year, the stock has demonstrated impressive long-term growth, with an annual operating profit increase of 44.29%. However, there is a noted decrease in investor participation, as delivery volume has fallen by 21.92% against the five-day average, which may be a concern for future performance.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has declined by only 1.08% over the past week. While the stock has shown a year-to-date gain of 3.16%, it still lags behind the Sensex's 5.75% increase. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume could indicate waning investor interest, which may affect its ability to maintain upward momentum in the face of broader market trends.