Why is Premco Global falling/rising?

As of 05-Aug, Premco Global Ltd. is experiencing a price increase, currently at 473.95, reflecting a rise of 6.5 or 1.39%. The stock has shown strong performance, outperforming its sector by 1.82% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 8.42%, while it has increased by 11.22% over the last month, contrasting sharply with the Sensex, which has declined by 0.77% and 3.26% respectively. However, there has been a notable drop in investor participation, with delivery volume falling by 65.89% against the 5-day average, which could be a concern for future momentum. The stock also boasts a high dividend yield of 9.07%, which may attract income-focused investors.
In the broader market context, Premco Global's short-term performance significantly outpaces the Sensex, which has shown a negative return over the same periods. While the stock has risen substantially in the short term, the Sensex's decline suggests that the overall market sentiment may be weak. Despite this, Premco Global's strong returns over the past week and month indicate that it is currently favored by investors, likely due to its solid fundamentals and attractive dividend yield. However, the decrease in trading volume could signal caution among investors, potentially impacting future price movements.