Why is Emmessar Biotech falling/rising?

As of 18-Jul, Emmessar Biotech & Nutrition Ltd's stock price is currently at Rs 36.00, reflecting a decline of 3.44 (-8.72%). Today, the stock opened with a gain of 8.77%, reaching an intraday high of Rs 42.9, but it also experienced significant volatility, touching a low of Rs 35.37, which represents a drop of 10.32%. The stock has underperformed its sector by 7.69% today, and despite a positive 1-week return of 13.56%, it has a year-to-date decline of 22.25%. The delivery volume has seen a remarkable increase of 4363.6% compared to the 5-day average, indicating rising investor participation, although the absence of specific positive or negative factors limits a deeper analysis of the stock's recent movements.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight decline of 0.90% over the past week, Emmessar Biotech's performance has been notably stronger in the short term. However, the stock's year-to-date performance is significantly lagging behind the Sensex's gain of 4.63%. This disparity highlights the challenges faced by Emmessar Biotech in maintaining investor confidence, despite recent short-term gains and increased trading activity.