Why is Aayush Wellness falling/rising?

As of 02-Sep, Aayush Wellness Ltd is experiencing a price increase, currently at Rs 83.55, reflecting a rise of 3.89 (4.88%). Today, the stock has shown a trend reversal after 20 consecutive days of decline, despite opening down by 4.97%. It reached an intraday high of Rs 83.64, indicating some recovery, although it also faced significant volatility with a wide trading range of Rs 7.96. The stock has underperformed in the short term, with a 1-week return of -10.02% and a 1-month return of -60.25%. However, the company has demonstrated strong financial performance, including a 368% growth in operating profit and a 642.22% increase in PAT over the last nine months, which may be contributing to renewed investor interest.
In the broader market context, Aayush Wellness has significantly outperformed the benchmark Sensex over the past year, with a return of 172.18% compared to the Sensex's -2.91%. While the stock has faced challenges recently, including trading below all major moving averages, the increase in delivery volume by 343.65% suggests rising investor participation. This liquidity, combined with the company's consistent positive results over the past four quarters and a low debt-to-equity ratio, may be fostering a more favorable outlook among investors, despite the recent volatility and short-term losses.