Why is Premier Energy falling/rising?

As of 28-Oct, Premier Energy & Infrastructure Ltd is experiencing a price increase, currently at 14.97, which reflects a rise of 0.71 or 4.98%. The stock has shown strong performance recently, gaining 10.15% over the last two days and outperforming its sector by 5.88% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock's performance over the past week has been particularly noteworthy, with a return of 8.01%, while it has also achieved a 7.62% increase over the past month. There is a notable increase in investor participation, with delivery volume rising by 75.15% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, while Premier Energy has shown strong short-term returns, it has underperformed on a year-to-date basis with a decline of 31.01%, contrasting sharply with the Sensex, which has gained 8.30% during the same period. The stock's recent gains are significant when compared to the benchmark's modest 0.24% increase over the past week. This indicates that while the stock is currently on an upward trajectory, it still faces challenges in recovering from its larger year-to-date losses. Overall, the combination of strong recent performance and increased investor interest has contributed to the stock's rising price.