Why is Premier Energy falling/rising?

As of 09-Oct, Premier Energy & Infrastructure Ltd is experiencing a price increase, with its current price at 16.25, reflecting a change of 0.31 or 1.94% upward. The stock has shown significant performance, gaining 69.09% over the past month and outperforming its sector by 1.15% today. It has been on a consecutive gain streak for the last 21 days, indicating strong momentum. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. Rising investor participation is also evident, with a delivery volume increase of 13.11% compared to the 5-day average, contributing positively to the stock's recent upward movement. There is no information available regarding positive or negative factors that could impact the stock.
Broader market context shows that while Premier Energy has had a remarkable short-term return of 69.09% over the past month, the benchmark Sensex has only increased by 1.32% in the same period. This stark contrast highlights the stock's strong performance relative to the broader market. However, it is important to note that year-to-date, Premier Energy has underperformed with a decline of 25.12%, while the Sensex has gained 5.16%. This indicates that despite the recent gains, the stock has faced challenges earlier in the year, but its current momentum suggests a potential recovery phase.