Why is Indo Cotspin falling/rising?

As of 19-Nov, Indo Cotspin Ltd's stock price is currently at Rs 27.86, reflecting an increase of Rs 2.33, or 9.13%. The stock has shown a trend reversal, gaining after five consecutive days of decline, and it outperformed its sector by 9.28% today. The stock reached an intraday high of Rs 28.49, indicating strong intraday performance despite high volatility, with an intraday volatility of 6.03%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 42.93% compared to the five-day average. However, the stock's year-to-date performance remains poor, down 26.68%, and it has underperformed against the benchmark Sensex over various time frames, particularly in the long term.
Broader Market Context: In the short term, Indo Cotspin's performance over the past week shows a slight gain of 0.25%, while the Sensex has increased by 0.85%. This indicates that while the stock is experiencing a positive movement today, it has not kept pace with the broader market trends in the recent past. The stock's long-term performance is concerning, with a significant decline of 69.98% over the past three years compared to the Sensex's gain of 38.15%. Overall, while today's price movement is positive, the stock's historical performance and volatility suggest a complex situation influenced by both internal factors and broader market dynamics.