Why is Premier Energy falling/rising?

As of 15-Sep, Premier Energy & Infrastructure Ltd is experiencing a price increase, currently at 11.35, reflecting a rise of 0.5 or 4.61%. The stock has shown strong performance recently, gaining 18.11% over the last four days and outperforming its sector by 2.46% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 26.86% compared to the 5-day average, which could suggest caution among investors despite the recent gains.
Broader Market Context: In the short term, Premier Energy's stock has outperformed the benchmark Sensex, which has only increased by 1.24% over the past week, while Premier Energy has surged by 13.84%. Over the past month, the stock has also significantly outperformed the benchmark, with a return of 29.27% compared to the Sensex's 1.47%. This strong performance relative to the broader market may indicate a positive sentiment surrounding the stock, despite its year-to-date decline of 47.70% compared to the Sensex's gain of 4.67%.