Why is Premium Plast falling/rising?

As of 08-Oct, Premium Plast Ltd is currently priced at 38.20, with no change in price (0.00% change). The stock has shown a positive performance recently, outperforming its sector by 0.8%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there is a notable decline in investor participation, with delivery volume dropping by 72.22% against the 5-day average, which could signal a lack of confidence among investors. Additionally, the stock has experienced a year-to-date decline of 11.88%, contrasting with the Sensex's gain of 5.93%, suggesting that while there are positive movements, the overall performance this year has been weak.
In the broader market context, Premium Plast's short-term return of +2.96% over the past week significantly outpaces the Sensex's return of +0.84%. This indicates that while the stock is currently performing well relative to the market, its year-to-date performance remains concerning. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the stock's recent positive movements are tempered by a significant drop in investor participation and a poor year-to-date performance compared to the benchmark.