Why is Indrayani Biotec falling/rising?

As of 22-Sep, Indrayani Biotech Ltd's stock price is currently at Rs 12.63, reflecting an increase of Rs 1.32 or 11.67%. The stock has experienced a trend reversal, gaining after two consecutive days of decline. It opened with a significant gain of 13.53% today and reached an intraday high of Rs 12.84. However, it also faced volatility, trading in a wide range of Rs 1.89, with a day’s low of Rs 10.95. Despite this positive movement today, the stock's performance over the past month shows a decline of 1.33%, and it has seen substantial losses year-to-date, down 65.28%. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week, Indrayani Biotech's stock has outperformed with a weekly return of 5.60%. However, its longer-term performance is concerning, with a year-to-date decline of 65.28% against the Sensex's gain of 5.15%. This indicates that while the stock is experiencing a short-term rise, its overall performance remains significantly weaker than the broader market trends.