Why is Indrayani Biotec falling/rising?

As of 12-Sep, Indrayani Biotech Ltd's stock price is currently at 12.32, reflecting an increase of 0.09 or 0.74%. The stock's performance today is in line with the sector, and it is trading higher than its 5-day moving averages, although it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 77.31% against the 5-day average. However, the stock has experienced a substantial decline over the longer term, with year-to-date returns down by 66.14% and a one-year decline of 73.39%. There are no available positive or negative factors to further explain the stock's recent movement.
In the broader market context, the stock's short-term return over the past week is +1.23%, which is slightly below the benchmark Sensex's return of +1.48%. This indicates that while the stock is experiencing a minor uptick, it is not keeping pace with the overall market performance. Over the past month, the stock has declined by 3.22%, contrasting with the Sensex's gain of 2.08%, further highlighting the stock's struggles relative to the benchmark. Overall, despite today's modest rise, the stock's long-term performance remains significantly negative compared to the broader market trends.