Why is IVP falling/rising?

As of 10-Jul, IVP Ltd's stock price is currently at 188.55, reflecting an increase of 1.6 or 0.86%. Today's price summary indicates that the stock has outperformed its sector by 2.22% and has experienced a trend reversal, gaining after four consecutive days of decline. The stock opened with a significant gain of 4.84% today and reached an intraday high of Rs 196. Despite a year-to-date decline of 9.96% and a one-year return of -15.16%, the stock has shown healthy long-term growth with an annual operating profit increase of 42.85%. However, it has also faced challenges, such as a -7.9% drop in profits over the past year and a low return on capital employed (ROCE) of 8, which may contribute to investor caution.
In the broader market context, while IVP Ltd has underperformed against the benchmark Sensex over the last three years, its recent short-term performance shows a slight recovery compared to the benchmark's negligible change of -0.06% over the past week. The stock's liquidity appears adequate for trading, with a notable increase in delivery volume, suggesting rising investor participation. However, the stock's consistent underperformance against the BSE500 and flat results in the last financial period may still weigh on investor sentiment, indicating a complex interplay of factors influencing its recent price movement.