Why is Innocorp falling/rising?

As of 11-Jul, Innocorp Ltd's stock price is currently at 5.71, reflecting an increase of 0.21 or 3.82%. The stock has shown strong performance recently, having gained 8.97% over the last two days and outperforming its sector by 4.42% today. Over the past week, the stock has risen by 5.74%, while its year-to-date return stands at 7.13%. However, there are concerns regarding falling investor participation, as the delivery volume on 10 July dropped significantly by 99.91% compared to the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages, indicating some volatility in its trading pattern.
Broader Market Context: In comparison to the benchmark Sensex, Innocorp's short-term performance has been notably stronger, with a 1-week return of +5.74% against the Sensex's -1.12%. This divergence highlights the stock's resilience in a broader market that has been underperforming. Year-to-date, Innocorp's return of 7.13% also surpasses the Sensex's 5.58%, suggesting that despite some erratic trading and reduced liquidity, the stock is gaining traction relative to the overall market.