Why is Purv Flexi falling/rising?

As of 10-Sep, Purv Flexipack Ltd is experiencing a significant price increase, currently at 119.40, reflecting a rise of 14.7 points or 14.04%. The stock has outperformed its sector by 14.43% today, and it is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable increase in investor participation, with a delivery volume of 59.2k on September 9, which is up by 74.53% compared to the 5-day average. Despite a year-to-date decline of 29.93%, the stock has shown impressive short-term performance, with a 40.39% increase over the past week and a 58.15% increase over the past month.
In the broader market context, while the Sensex has only increased by 1.04% over the past week and 2.50% over the past month, Purv Flexipack's substantial gains indicate strong investor interest and confidence in the stock, particularly in the short term. The stock's year-to-date performance contrasts sharply with the benchmark, which has gained 5.62% during the same period, highlighting the volatility and potential recovery phase for Purv Flexipack. Overall, the combination of strong short-term returns, increased trading activity, and favorable moving averages suggests a positive sentiment surrounding the stock, despite its longer-term challenges.