Why is IVP falling/rising?

As of 18-Jul, IVP Ltd's stock price is currently at 188.40, reflecting an increase of 1.9, or 1.02%. The stock has shown a positive performance today, outperforming its sector by 2.05% and has been on a consecutive gain for the last two days, rising 1.4% during this period. However, despite this recent uptick, the stock has faced challenges, including a significant decline in delivery volume, which fell by 52.41% against the 5-day average. Over the past year, the stock has generated a return of -5.80%, while its profits have decreased by 7.9%. Although the company has a healthy long-term growth outlook with an operating profit growth rate of 42.85% and an attractive valuation, the consistent underperformance against benchmarks and flat results in recent financial periods raise concerns.
In the broader market context, IVP Ltd's short-term return of +0.94% over the past week contrasts with the Sensex, which has declined by 0.90% during the same period. This indicates that while the stock is experiencing a slight upward movement, it has still underperformed against the benchmark over the longer term, particularly with a -10.03% return year-to-date compared to the Sensex's +4.63%. The stock's performance over the last three years has also been disappointing, with a consistent underperformance against the BSE500, which may contribute to investor caution despite the recent gains.