Why is Premier Energy falling/rising?

As of 24-Sep, Premier Energy & Infrastructure Ltd is experiencing a price increase, currently at 13.38, with a change of 0.26, representing a rise of 1.98%. The stock has shown strong performance recently, gaining for the last 11 consecutive days and achieving a remarkable 39.23% return during this period. Additionally, it has outperformed its sector by 4.4% 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 falling by 65.45% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement. The positive and negative dashboard data is not available for further insights.
Broader market context reveals that while Premier Energy has surged by 10.21% over the past week and 50.17% over the past month, the benchmark Sensex has declined by 1.18% and increased only by 0.50% respectively during the same periods. This stark contrast highlights the stock's strong performance relative to the broader market. Despite the overall decline in the construction and real estate sector, which has fallen by 2.44%, Premier Energy's significant gains suggest that it is currently viewed favorably by investors, although the drop in delivery volume could indicate potential caution among traders moving forward.