Why is DE Nora India falling/rising?

As of 22-Sep, DE Nora India Ltd's stock price is rising, currently at 886.00, reflecting an increase of 66.7 or 8.14%. The stock has outperformed its sector by 8.38% today and has shown consecutive gains over the last two days, with an overall return of 8.45% during this period. The stock reached an intraday high of Rs 912, indicating strong short-term momentum. However, despite these positive movements, the stock has underperformed over the longer term, with a year-to-date decline of 23.98% and a staggering 42.28% drop over the past year. Positive factors contributing to the recent rise include a low debt-to-equity ratio and significant growth in profit before tax and net sales in the latest quarter, although the company has faced challenges with negative EBITDA and poor long-term growth.
In the broader market context, DE Nora India Ltd's short-term performance of +5.80% over the past week significantly outpaces the Sensex, which only gained 0.46% in the same timeframe. However, the stock's long-term performance remains concerning, as it has generated a return of -42.28% over the past year, compared to the Sensex's decline of only 2.82%. This stark contrast highlights the stock's volatility and the risks associated with its historical valuations, despite recent positive developments.