Why is Biofil Chemicals falling/rising?

As of 03-Nov, Biofil Chemicals & Pharmaceuticals Ltd is experiencing a price increase, with its current price at Rs 40.69, reflecting a rise of 1.21 (3.06%). The stock has shown positive momentum, gaining for the last two days and achieving a total return of 6.1% during this period. It opened with a gain of 2.79% today and reached an intraday high of Rs 40.73. Additionally, the stock has outperformed its sector by 1.76%. However, it is important to note that despite this recent uptick, the stock has a year-to-date decline of 28.61% and a one-year decline of 40.68%, indicating significant long-term challenges. The delivery volume has also seen a substantial increase, rising by 195.61% against the 5-day average, suggesting heightened investor interest.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark Sensex, which has declined by 0.94% over the past week while Biofil has increased by 4.15%. This indicates that the stock is currently gaining traction in a market that is otherwise experiencing a downturn. However, over longer periods, the stock has underperformed relative to the Sensex, which has gained 7.47% year-to-date and 5.34% over the past year. This contrast highlights the stock's volatility and the challenges it faces in maintaining consistent performance against broader market trends.