Why is Premier Energy falling/rising?

As of 23-Sep, Premier Energy & Infrastructure Ltd is experiencing a rise in its stock price, currently at 13.12, with an increase of 0.25 or 1.94%. The stock has shown strong performance recently, gaining 36.52% over the last 10 days and outperforming its sector by 2.86% today. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of +10.16% and +47.25%, respectively. However, there is a noted decline in investor participation, as the delivery volume has decreased by 29.89% compared to the 5-day average, which could indicate a potential concern for future momentum.
Broader Market Context: In the context of the broader market, while Premier Energy has significantly outperformed the Sensex in the short term, it has still faced challenges year-to-date, showing a decline of 39.54% compared to the Sensex's gain of 5.07%. This disparity highlights the stock's volatility and the potential for recovery amidst a generally positive short-term trend. The stock's liquidity remains adequate for trading, which may support its recent upward movement despite the drop in delivery volumes.