Why is Premco Global falling/rising?

As of 06-Nov, Premco Global Ltd. is experiencing a price increase, currently at Rs 529.00, which reflects a rise of Rs 28.05 or 5.6%. The stock has shown strong performance, gaining 19.81% over the past week and outperforming its sector by 6.85% today. It has been on a consecutive gain streak for the last four days, with an intraday high of Rs 540, although it also faced a low of Rs 483.55 during the day. The stock is trading above all its moving averages, indicating a bullish trend, and has seen a significant increase in delivery volume, suggesting rising investor participation. Additionally, the stock offers a high dividend yield of 9.39%, which may attract more investors.
In the broader market context, while Premco Global has outperformed the Sensex, which has declined by 1.30% over the past week, the stock's strong returns of 19.81% in the same period highlight its resilience and appeal amidst market fluctuations. The stock's year-to-date performance is also impressive, with a gain of 21.53% compared to the Sensex's 6.62%. This contrast underscores the stock's robust performance relative to the broader market, contributing to its rising price.