Why is Prime Industries falling/rising?

As of 04-Jul, Prime Industries Ltd is experiencing a price increase, with its current price at Rs 57.95, reflecting a rise of 1.81 or 3.22%. Today's price summary indicates that the stock opened with a gain of 4.11% and reached an intraday high of Rs 58.45. However, it also touched a low of Rs 55, suggesting volatility within the trading day. Despite today's positive movement, the stock has underperformed significantly over the past week, month, and year, with declines of 4.98%, 16.18%, and 70.91%, respectively. Additionally, the stock is trading below all major moving averages, indicating a bearish trend. There is a notable decline in investor participation, as delivery volume has dropped by 53.63% compared to the five-day average, which may be contributing to the stock's recent struggles.
In the broader market context, Prime Industries' short-term performance has been unfavorable compared to the Sensex, which has only declined by 0.74% over the past week. This stark contrast highlights the stock's significant underperformance, particularly over the longer term, where it has fallen 65.67% year-to-date against the Sensex's 6.77% gain. The stock's liquidity appears adequate for trading, but the overall negative sentiment and declining investor interest may overshadow today's gains, suggesting that while there is a temporary rise, the long-term outlook remains challenging.