Why is Premium Plast falling/rising?

As of 04-Sep, Premium Plast Ltd is experiencing a price increase, with its current price at 35.65, reflecting a change of 0.95 or 2.74% upward. The stock has outperformed its sector by 3.28% today, and its delivery volume has risen by 25% compared to the 5-day average, indicating increased investor participation. While the stock is currently higher than its 5-day, 20-day, and 100-day moving averages, it remains below its 50-day and 200-day moving averages. Over the past week, the stock has gained 2.74%, contrasting with a slight increase of 0.95% in the Sensex, although it has seen a decline of 0.97% over the past month.
In the broader market context, the stock's recent performance shows a positive short-term return compared to the benchmark, which has only marginally increased. Year-to-date, however, Premium Plast has underperformed significantly, with a decline of 17.76% against a 4.61% rise in the Sensex. This disparity highlights the challenges the company has faced over a longer period, despite the recent uptick in price. Overall, while today's performance is encouraging, the stock's longer-term trends indicate ongoing struggles in comparison to the broader market.