Why is Innova Captab falling/rising?

As of 14-Nov, Innova Captab Ltd's stock price is currently at 752.00, reflecting an increase of 22.05 (3.02%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 6.15% during this period. Despite this short-term gain, the stock has underperformed over the longer term, with a 1-month return of -9.77% and a year-to-date return of -31.88%. The stock is trading at a discount compared to its peers, supported by a low Debt to EBITDA ratio of 1.40 times and a return on capital employed (ROCE) of 12.4. However, the company has faced challenges, including a significant decline in investor participation, as evidenced by a 42.52% drop in delivery volume against the 5-day average.
Broader market context indicates that while Innova Captab has outperformed its sector by 2.65% today, it has lagged behind the benchmark Sensex, which has gained 1.62% over the past week. The stock's long-term performance has been concerning, with a return of -24.13% over the past year, indicating below-par performance relative to broader market indices. The high institutional holdings at 20.25% suggest that more sophisticated investors are involved, which could provide some stability, but the overall negative sentiment stemming from poor long-term growth and disappointing recent financial results contributes to the stock's volatility.