Why is Indrayani Biotec falling/rising?

As of 23-Sep, Indrayani Biotech Ltd is experiencing a price increase, currently at 13.00, which reflects a rise of 0.37 or 2.93%. The stock has shown a positive trend recently, gaining 14.94% over the last two days. Additionally, it has outperformed the Sensex in the past week with a return of +10.26%, while the benchmark has declined by 0.34%. The stock's performance today is in line with the floriculture sector, which has also gained by 2.96%. Furthermore, there has been a significant increase in investor participation, as evidenced by a delivery volume that rose by 352.68% compared to the 5-day average.
Broader Market Context: In the context of the broader market, while Indrayani Biotech has shown strong short-term returns, it has underperformed significantly on a year-to-date basis, with a decline of 64.27% compared to the Sensex's gain of 5.07%. This stark contrast highlights the stock's volatility and challenges over a longer period, despite its recent positive momentum. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, suggesting that there is enough market activity to support its recent price movements.