Why is Indo Count Inds. falling/rising?

As of 12-Nov, Indo Count Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 314.35, reflecting an increase of Rs 40.6 or 14.83%. The stock has outperformed its sector by 13.27% today and has shown a consecutive gain over the last two days, with a total return of 16.64% during this period. The stock has also traded in a wide range of Rs 44.85 and reached an intraday high of Rs 317.8. Despite a year-to-date decline of 3.60% and a one-year drop of 9.00%, the stock's recent performance is bolstered by high management efficiency, a low Debt to EBITDA ratio, and trading at a discount compared to peers, although it has faced negative results over the last five quarters.
In the broader market context, Indo Count Industries Ltd's short-term return of 11.69% over the past week significantly outpaces the Sensex's return of 1.21% during the same period. While the stock has underperformed the market over the last year, the recent gains suggest a positive shift in investor sentiment, likely driven by rising investor participation and favorable trading conditions. However, the company’s long-term growth prospects remain concerning due to declining profits and negative results in recent quarters, which could temper future performance despite the current upward movement.