Why is Premium Plast falling/rising?

As of 10-Sep, Premium Plast Ltd's stock price is currently at 36.70, reflecting an increase of 1.05, or 2.95%. The stock has shown a strong performance today, outperforming its sector by 3.53%. It is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a notable decline in investor participation, with delivery volume dropping by 73.68% compared to the 5-day average. In terms of returns, the stock has gained 5.76% over the past week and 4.86% over the past month, while it has underperformed year-to-date with a decline of 15.34%.
In the broader market context, the Sensex has increased by 1.04% over the past week and 2.50% over the past month, indicating that while Premium Plast is performing well in the short term, it is still lagging behind in the year-to-date comparison. The stock's liquidity remains sufficient for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock is experiencing a positive short-term movement, the significant drop in delivery volume and the year-to-date underperformance suggest caution among investors.