Why is Premier Energies falling/rising?

As of 22-Jul, Premier Energies Ltd's stock price is currently at 1,050.55, reflecting an increase of 1.75 (0.17%). Today's price summary indicates that the stock has outperformed its sector by 0.29% and has experienced a trend reversal, gaining after two consecutive days of decline. However, the stock's performance over the past week shows a decrease of 2.03%, while it has increased by 2.14% over the past month. The company has demonstrated strong long-term fundamental strength, with a notable return on equity of 33.21% and significant growth in net sales and operating profit. Additionally, institutional investors have increased their stake by 5.73%, indicating growing confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, with a 1-week decline of 2.03% compared to the Sensex's decrease of only 0.47%. Despite this, the company's recent positive results, including a 75.2% growth in net profit and consistent positive performance over the last two quarters, contribute to a more favorable outlook. The stock's liquidity remains adequate for trading, although there has been a slight decline in delivery volume, suggesting a potential decrease in investor participation. Overall, while the stock has faced short-term challenges, the underlying fundamentals and institutional interest may support its price movement in the longer term.