Why is Premier Energy falling/rising?

As of 29-Sep, Premier Energy & Infrastructure Ltd is experiencing a price increase, currently at 14.18, which reflects a rise of 0.27 or 1.94%. The stock has shown strong performance recently, gaining consecutively for the last 14 days and achieving a remarkable 47.55% return during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, there has been a decline in investor participation, with delivery volume falling by 17.03% against the 5-day average, which could suggest some caution among investors despite the stock's upward movement.
In the broader market context, Premier Energy's short-term performance significantly outpaces the benchmark Sensex, which has declined by 2.18% over the past week while the stock itself has risen by 10.18%. This stark contrast highlights the stock's strong relative strength in a challenging market environment. Furthermore, while the stock has seen substantial gains recently, it is important to note that it remains down 34.65% year-to-date, indicating that despite the recent positive momentum, there are longer-term challenges that the company faces compared to the overall market, which has seen a modest gain of 2.85% in the same timeframe.