Why is Purv Flexi falling/rising?

As of 08-Sep, Purv Flexipack Ltd's stock price is currently at 91.45, reflecting a rise of 9.4, or 11.46%. The stock has shown strong performance today, outperforming its sector by 13.72%. In the past week, it has increased by 23.58%, and over the past month, it has risen by 21.13%. However, it is important to note that the stock has experienced a significant decline year-to-date, down 46.33%, and over the past year, it has decreased by 41.94%. Additionally, the stock's delivery volume has fallen sharply by 85.85% compared to the 5-day average, indicating a decline in investor participation, which could impact future price movements.
In the broader market context, while Purv Flexipack Ltd has outperformed the Sensex in the short term, with a 1-week return of 23.58% compared to the Sensex's 0.60%, it still faces challenges given its substantial year-to-date decline. The stock's moving averages indicate that it is performing better than the shorter-term averages but remains below the 200-day moving average, suggesting mixed signals about its longer-term trend. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, but the significant drop in delivery volume raises concerns about sustained interest from investors.