Why is Fermenta Biotec. falling/rising?

As of 13-Nov, Fermenta Biotech Ltd's stock price is currently at 291.15, reflecting an increase of 5.8, or 2.03%. The stock has shown a strong performance today, having outperformed its sector by 1.82% and achieving a consecutive gain over the last two days, resulting in an overall return of 8.84% during this period. It opened with a notable gain of 3.26% and reached an intraday high of Rs 298.9, indicating positive momentum. Additionally, the stock's delivery volume has significantly increased, rising by 187.2% compared to the 5-day average, which suggests heightened investor interest. However, the stock's year-to-date performance remains down by 20.00%, and it has underperformed against the benchmark over the longer term, particularly in the 1-month and 1-year periods.
Broader Market Context: In the short term, Fermenta Biotech's stock has outperformed the Sensex, which has increased by 1.40% over the past week, while the stock itself has risen by 5.37%. This indicates that the stock is gaining traction relative to the broader market. Despite its recent gains, the stock's longer-term performance remains concerning, as it has declined by 1.34% over the past month and 9.58% over the past year, contrasting with the Sensex's positive returns during these periods. The overall market context suggests that while there is a current upward trend for Fermenta Biotech, it is essential to consider its historical performance and the broader market dynamics.