Why is Bharat Parenter. falling/rising?

As of 04-Jul, Bharat Parenterals Ltd is experiencing a rise in its stock price, currently at Rs 1,255.00, which reflects an increase of Rs 56.0 or 4.67%. The stock has shown strong performance today, outperforming its sector by 4.16% and gaining 8.19% over the last two days. It opened with a gain of 2.16% and reached an intraday high of Rs 1,258.95. However, despite this short-term gain, the stock has underperformed over the past month and year, with returns of -3.06% and -17.37%, respectively. The company has faced significant challenges, including weak long-term fundamentals, negative operating profits, and a lack of domestic mutual fund investment, which may contribute to investor caution despite the recent price increase.
In the broader market context, Bharat Parenterals Ltd's short-term return of +10.09% over the past week contrasts sharply with the Sensex, which has declined by 0.74% during the same period. This indicates that the stock is gaining traction relative to the market, albeit from a low base due to its significant underperformance over the past year. The broader market has shown positive returns of +6.77% year-to-date, while Bharat Parenterals Ltd has struggled with a -14.49% return in the same timeframe. This divergence highlights the stock's volatility and the challenges it faces in maintaining investor confidence amidst ongoing financial difficulties.