Why is Hind.Bio Science falling/rising?

As of 16-Sep, Hindustan Bio Sciences Ltd's stock price is currently at 8.24, reflecting an increase of 0.39 or 4.97%. The stock has shown a positive trend today, gaining after two consecutive days of decline and outperforming its sector by 4.69%. Despite this recent uptick, the stock has experienced a decline of 4.19% over the past month and a significant drop of 19.29% year-to-date. Additionally, the stock's delivery volume has decreased by 70.29% compared to the 5-day average, indicating a fall in investor participation, which could be a concern for future price stability.
In the broader market context, Hindustan Bio Sciences Ltd has outperformed the Sensex in the short term, with a 1-week return of 5.51% compared to the Sensex's 1.58%. However, the stock's longer-term performance has been less favorable, with a year-to-date decline of 19.29% against the Sensex's gain of 5.43%. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term moving averages, suggesting mixed signals regarding its trend. Overall, while the recent price increase may indicate a short-term recovery, the significant drop in delivery volume and the stock's underperformance over the longer term could pose challenges ahead.