Why is IVP falling/rising?

As of 15-Jul, IVP Ltd's stock price is currently at Rs 187.80, reflecting an increase of Rs 4.8 or 2.62%. Today's price summary indicates that the stock has outperformed its sector by 1.53% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock opened with a gain of 2.35% and reached an intraday high of Rs 194.1, marking a 6.07% increase. Despite a negative year-to-date return of -10.32% and a one-year return of -6.15%, the stock has shown healthy long-term growth with an operating profit increase of 42.85% annually. However, it has also faced challenges, including a decline in profits by -7.9% over the past year and consistent underperformance against benchmarks.
In the broader market context, while IVP Ltd's short-term performance has improved, it still lags behind the benchmark Sensex, which has shown a return of -1.36% over the past week and a positive return of 5.67% year-to-date. The stock's recent rise can be attributed to increased investor participation, as evidenced by a 51.38% rise in delivery volume compared to the five-day average. However, the stock's long-term performance remains a concern, as it has underperformed against the BSE500 over the last three years. Despite its attractive valuation and potential for growth, the flat results and declining profitability metrics suggest caution for investors.