Why is Indo Euro Indch. falling/rising?

As of 31-Oct, Indo Euro Indchem Ltd's stock price is currently at 12.49, reflecting an increase of 0.14 or 1.13%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.49% during this period. Additionally, the stock has outperformed its sector by 1.93%. Despite a year-to-date decline of 22.85% and a one-year drop of 26.44%, the recent rise in delivery volume by 124.86% against the 5-day average indicates increased investor participation, which may be contributing to the upward price movement. There is no information available regarding positive or negative factors that could further explain the stock's recent performance.
Broader Market Context: In the short term, Indo Euro Indchem Ltd has outperformed the benchmark Sensex, which has seen a slight decline of 0.32% over the past week, while the stock itself has dropped by 9.82%. However, over the past month, Indo Euro Indchem Ltd has gained 4.34%, slightly outperforming the Sensex's 3.65% increase. This suggests that while the stock has faced significant challenges over the longer term, recent trends indicate a potential recovery in the short term, contrasting with the broader market's performance.