Why is EP Biocomposites falling/rising?

As of 24-Oct, EP Biocomposites Ltd's stock price is rising, currently at 136.00, reflecting an increase of 11.0 points or 8.8%. The stock opened with a significant gain of 8.8% today and has maintained this price level throughout the trading session. It has outperformed its sector by 9.91%, and there has been a notable increase in investor participation, with delivery volume rising by 11.11% compared to the 5-day average. Despite a year-to-date decline of 20.47% and a 1-year drop of 22.73%, the recent performance indicates a positive shift, particularly in the short term.
In the broader market context, EP Biocomposites' 1-week return of 7.94% significantly outpaces the Sensex's modest gain of 0.31%, indicating a strong short-term performance relative to the benchmark. However, over the longer term, the stock has underperformed, with a 3-year decline of 53.10% compared to the Sensex's rise of 40.75%. This contrast highlights the stock's volatility and the potential for recovery in the short term, despite its overall negative trajectory in recent years.