Why is Premier Energy falling/rising?

As of 19-Sep, Premier Energy & Infrastructure Ltd is experiencing a price increase, currently at 12.62, with a change of 0.24, representing a rise of 1.94%. The stock has shown strong performance recently, gaining consecutively for the last eight days and achieving a total return of 31.32% during this period. Additionally, it has outperformed its sector by 1.64% today. The stock 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 dropping by 66.69% compared to the 5-day average, which may suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Premier Energy's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of 16.31% compared to the Sensex's 0.88% and a 1-month return of 38.68% against the Sensex's 1.20%. Despite this strong short-term performance, the year-to-date return for Premier Energy remains negative at -41.84%, while the Sensex has gained 5.74% during the same period. This contrast highlights the stock's volatility and the challenges it has faced over a longer timeframe, even as it currently enjoys a positive momentum in the short term.