Why is Indrayani Biotec falling/rising?

As of 06-Nov, Indrayani Biotech Ltd's stock price is currently at 15.60, reflecting an increase of 1.34, or 9.4%. The stock has been gaining momentum, having risen for the last two days with a total return of 11.67% during this period. It opened with a gain of 4.77% today and reached an intraday high of Rs 16.47, although it also experienced a low of Rs 13.72. The stock has shown high volatility today, with an intraday volatility of 9.07%. Additionally, the stock's performance over the past week has been strong, with a return of 11.43%, contrasting sharply with the Sensex, which declined by 1.30%. However, the stock is still down significantly year-to-date by 57.12% and has a longer-term decline of 66.73% over the past year.
In the broader market context, while Indrayani Biotech's short-term performance has outpaced the benchmark Sensex, which gained only 1.86% over the past month, the stock's year-to-date and one-year returns indicate a substantial underperformance compared to the index. The floriculture sector, in which Indrayani operates, has seen a gain of 9.38%, suggesting a positive sectoral trend that may be influencing investor sentiment. Furthermore, rising investor participation is evident, with a significant increase in delivery volume, indicating growing interest in the stock. However, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.