Why is Premier Energies falling/rising?

As of 08-Jul, Premier Energies Ltd's stock price is currently at 1,055.50, reflecting an increase of 13.6 points or 1.31%. Today's performance indicates that the stock has outperformed its sector by 0.82%. However, it is important to note that the stock has shown a slight decline of 0.13% over the past week and a modest increase of 0.02% over the past month. Despite this, the stock has experienced a significant year-to-date decline of 21.96%. The company has strong long-term fundamentals, evidenced by a high average Return on Equity (ROE) of 33.21% and impressive growth in net sales and operating profit. Additionally, institutional investors have increased their stake, which may contribute positively to the stock's recent upward movement.
In the broader market context, the Sensex has seen a slight increase of 0.02% over the past week, while Premier Energies' performance has been relatively flat in comparison. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 56.81% against the five-day average. This could indicate a lack of confidence among retail investors despite the positive institutional interest. Overall, while the stock has shown some positive movement today, its longer-term performance remains challenged, particularly in light of its significant year-to-date decline compared to the benchmark's positive return.