Why is Purple Entertain falling/rising?

As of 26-Jun, Purple Entertainment Ltd's stock price is currently at 3.85, reflecting an increase of 0.1, or 2.67%. The stock has shown a strong performance today, outperforming its sector by 3.09%. Additionally, the stock has experienced a notable rise in delivery volume, increasing by 24.54% against the 5-day average, indicating rising investor participation. Over the past week, the stock has gained 8.76%, and over the past month, it has increased by 12.57%. However, it is important to note that the stock has faced significant declines year-to-date and over the past three and five years, with losses of 29.23% and 80.80%, respectively. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Purple Entertainment Ltd has outperformed the Sensex benchmark in the short term, with a 1-week return of 8.76% compared to the Sensex's 2.94%. This indicates that while the stock has been volatile and has a poor long-term performance, it is currently experiencing a positive trend relative to the market. The stock's liquidity is adequate, allowing for trades of a reasonable size, which may also contribute to its recent price increase.