Why is Punjab Commun. falling/rising?

As of 18-Nov, Punjab Communications Ltd is experiencing a significant rise in its stock price, currently at Rs. 72.05, reflecting an increase of 6.55 or 10.0%. The stock has reached a new 52-week high today and has shown strong performance, outperforming its sector by 11.95%. Over the past three days, the stock has gained 19.57%, and it opened with a gain of 6.56% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The delivery volume has also increased significantly, rising by 196.63% against the 5-day average, suggesting heightened investor interest and participation.
In the broader market context, Punjab Communications Ltd has outperformed the benchmark Sensex, which only increased by 0.96% over the past week, while the stock itself rose by 19.70%. This trend continues over the past month, with the stock gaining 48.28% compared to the Sensex's 0.86%. The substantial returns over various periods, including a 125.16% increase over three years and a 174.48% increase over five years, further highlight the stock's strong performance relative to the market. Overall, the combination of strong price movements, increased investor participation, and consistent outperformance against the benchmark contributes to the rising stock price of Punjab Communications Ltd.