Why is IVP falling/rising?

As of 27-Jun, IVP Ltd's stock price is currently at Rs 189.00, reflecting an increase of Rs 2.9 or 1.56%. The stock has shown a positive trend recently, gaining 7.05% over the last three days and outperforming its sector by 0.64% today. It reached an intraday high of Rs 201.75, indicating strong investor interest. Despite a slight decline of 0.11% over the past month and a year-to-date drop of 9.74%, the stock has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 42.85%. However, it has also faced challenges, such as a 7.9% decrease in profits over the past year and a consistent underperformance against benchmarks over the last three years.
In the broader market context, IVP Ltd's short-term performance has outpaced the Sensex, which only gained 2.00% over the past week. While the stock has shown some resilience recently, its longer-term returns remain concerning, with a year-to-date decline of 9.74% compared to the Sensex's 7.58% increase. The stock's valuation appears attractive, trading at a discount to its peers, but the flat results reported in March and a significant drop in PAT growth raise questions about its sustainability. Overall, while recent movements indicate a positive sentiment, underlying financial challenges may continue to impact its performance in the longer term.